Month: May 2021

Marc Benioff, CEO of Salesforce. Adam Jeffery | CNBC Salesforce shares rose 5% in extended trading on Thursday after the cloud software maker issued earnings and guidance that surpassed analysts’ expectations. Here’s how the company did: Earnings: $1.21 per share, adjusted, vs. 88 cents per share as expected by analysts, according to Refinitiv. Revenue: $5.96
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The stock market rallied Friday as investors reacted to the worse-than-expected April jobs report, which indicates the Federal Reserve’s easy policy is unlikely to go anywhere soon, CNBC’s Jim Cramer said. “I know the conventional wisdom says sell in May and go away, but that stupid ditty needs to be retired, at least when it
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Ride-hailing company Lyft showed continued signs of pandemic recovery in its first-quarter earnings report Tuesday. The company beat on the top and bottom lines and exceeded Wall Street’s rider expectations for the quarter. Shares of Lyft were up 7% in after-hours trading following the report. Here are the key numbers Lyft reported: Loss per share: 35
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Stock futures held steady in overnight trading on Monday after a strong start to May as investors piled into shares that would benefit the most from an economic reopening. Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures were flat as well. The move in futures followed
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