NYSE:MULE - New York Stock Exchange, Inc. -
MuleSoft Inc. founder Ross Mason is seeking investment for a $100 million venture capital fund to back software startups at their earliest stages of development.
Mentions: CRM
If you're looking for value buys, you've got to get in before the analysts with up-and-coming stocks like MPW or beaten-down blue-chips like SBUX, IBM and WBA.
CRM stock is supported by powerful long-term growth fundamentals, but Salesforce's valuation in the near-term seems overly optimistic.
Mentions: CRM
Cisco Systems Inc., one of the most prolific corporate acquirers of startups, is starting up a new venture fund that will run independently from the parent company, people familiar with the matter say.
Mentions: ISNS
When it comes to technology, savvy investors appreciate that AI means more than just artificial intelligence.
DocuSign (ticker: DOCU), Ceridian HCM (CDAY), and Smartsheet (SMAR), the latest cloud companies to go public, highlight the busiest week for tech IPOs in nearly three years. A fourth company, nLight (LASR), a laser manufacturer, debuted Thursday.
The Street is mulling what Apple wants in bringing heat from DoJ to the carriers over "eSIM," Verizon defended as undervalued at Barclays, Okta gets an upgrade for its bright prospects, but Grubhub's shares are fully valued despite its opportunity according to Gabelli.
On a day when shares of Apple, Microsoft, Intel and other tech stocks were filleted Friday, Pivotal's first day of trading was modest: Its shares closed at $15.46, up 3%. [Its opening range was $15.11 to $16.80.]
The timing of the Pivotal offering at a time of frothy software valuations could be a favorable sign for the IPO.
BOX stock has underperformed among the red-hot cloud stocks. Yet this could present an opportunity for investors because Box Inc looks like a pretty good buyout candidate.
Salesforce stock isn't cheap, and spending more than $6 billion on Mulesoft only makes it less cheap. When one takes a step back and looks though, the deal is worth every penny.
A solid fourth-quarter report sparked glowing analyst responses, followed by buyout speculation on the back of a sector peer receiving a $6.5 billion acquisition offer.
Mentions: MDB
A technology hedge fund founded by two alumni of Coatue Management rose 10 percent in March after steering clear of a selloff in global tech giants such as Facebook Inc. and Amazon Inc.
MULE – Barclays cuts to equalweight. Stock price at the time of this analyst call was $44.24.
The cloud services company's stock soared following news that it had signed an agreement to be acquired by Salesforce.
Salesforce stock has been red-hot for several years now, but at current levels, the stock looks slightly ahead of fundamentals.
Underwriters of Zscaler's IPO last month started coverage, and the general feeling is pretty lukewarm, with Goldman and others saying the stock already prices in pretty bullish scenarios they can imagine.
Shares of Microsoft Corporation have weathered the trade-war storm quite well over the past few weeks. So is it time to go all-in on Microsoft stock?
Mentions: CRM
Spotify stock is not doomed, but it could be tough to sustain ongoing gains, especially as the company will likely have slower growth rates, as the competition takes a toll and the losses mount.
As Adobe shifts to helping companies digitally transform their businesses, it is increasingly competing with Salesforce.com.
Software stocks have been on fire for several quarters. Now, they could be a overdue for a pullback right along with the FAANG names.
Christopher Devlin, founder and chief investment officer of Selective Wealth Management, put together the best-performing fund of the first quarter. However, he did not mean it for the fund to be so tech-heavy.
Salesforce.com has done a good job with its M&A so far, but its latest deal for Mulesoft is risky for CRM stock. There are few synergies, and the price tag is at nose-bleed levels.
After just two years, Salesforce’s Einstein already powers more than 1 billion AI-driven predictions to customers every day.
After just two years, Salesforce’s Einstein already powers more than 1 billion AI-driven predictions to customers every day.
The S&P 500, Nasdaq and Dow Jones tumbled in the week on Trump China tariffs, Facebook's data privacy scandal, while Tencent and Oracle dove after results.
The Cloud King stocks like Salesforce are expected to benefit long-term from the cloud revolution. CRM is at the heart of this revolution and therefore has long-term upside. If the current weakness in Salesforce stock persists, a buying opportunity could present itself to dip buyers.