Is Salesforce Stock A Buy Amid Expectations For AI Boost?
Rising corporate spending on digital transformation projects has boosted CRM stock. With the Slack deal closed, merger synergies will be key.
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TechCrunchInformatica makes a point to say it's not for sale — to Salesforce or anyone else
Last week the big rumor involved Salesforce acquiring Informatica in a deal amounting to somewhere between the $6.5 billion 2018 MuleSoft deal and the $15.7 billion Tableau acquisition the following year. Informatica went so far as to publicly announce on Monday that it wasn’t for sale. You don’t usually see a company respond to rumors in this fashion, but Informatica felt compelled to publicly state it wasn’t in talks -- with anyone.
- Yahoo Sports
NFL Draft: Giants pass on QB in first round, select LSU WR Malik Nabers
The Giants didn't select Daniel Jones' replacement in the first round.
- Yahoo Finance
Intel reports better than expected Q1 earnings but falls short on revenue outlook. Stock slides more than 5%.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
- TechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
- Yahoo Sports
NFL Draft: Record 275,000 fans swarm downtown Detroit to witness first round
Detroit's revival as a football city was on full display Thursday night.
- Yahoo Finance
Chevron, Exxon profits expected to drop despite rising oil prices
Chevron and ExxonMobil are expected to report a year-over-year decline in earnings per share.
- Yahoo Sports
NFL Draft fashion: Caleb Williams, Malik Nabers dressed to impress, but Marvin Harrison Jr.'s medallion stole the show
Every player was dressed to impress at the 2024 NFL Draft.
- Yahoo Finance
Rubrik CEO says he's hungry as ever, while the Microsoft-backed firm sizzles on IPO day
Rubrik comes out of the gate hot on its IPO day, selling a story of protecting data in the age of AI.
- Yahoo Sports
NBA playoffs: Joel Embiid leads 76ers past Knicks in Game 3, avoids ejection after pulling down Mitchell Robinson
Joel Embiid dropped 50 points on Thursday night, but he easily could have drawn an ejection for this play early.
- TechCrunch
Zomato's quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato's quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank's sum-of-the-parts analysis. The investment bank estimates Blinkit's implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato's food delivery business is valued at Rs 98 per share. Goldman previously pegged Blinkit's valuation at $2 billion in March 2023.
- Yahoo Sports
NFL Draft: Bill Belichick sounds lukewarm on Patriots' pick of Drake Maye
"Drake compares himself a lot to Josh Allen, he's been doing that for quite a while. We'll see about that."
- TechCrunch
The FTC's ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can't require their employees, that aren't senior executives, to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC's ruling will impact industries like financial services and hedge funds the most, due to the prevalence of such agreements in those industries, it could also impact startups.
- Yahoo Sports
NFL Draft 2024 live updates: 1st round picks so far, trades, grades as Caleb Williams goes No. 1, six QBs taken in first round
Round 1 is here in Detroit. Stay updated with Yahoo Sports.
- TechCrunch
Boeing's Starliner set to fly astronauts for the first time on May 6
Boeing’s Starliner is a go for launch. Leaders from NASA and Boeing told reporters that the first crewed Starliner mission, which will see the capsule carry two astronauts to the International Space Station, is moving ahead toward its historic May 6 launch date. NASA and Boeing concluded that the capsule is ready for launch after completing a critical flight test review on Thursday.
- Yahoo Life Shopping
Bethenny Frankel is entering her lilac era, and this $15 tinted lip balm is the secret to her stunning look
If this gorgeous Lanolips balm is any indication, we're so here for Bethenny's new era.
- Yahoo Finance
AstraZeneca CEO on US-China tensions: 'We have established a very resilient supply chain'
AstraZeneca CEO Pascal Soriot joined Yahoo Finance to discuss the company's earnings today.
- TechCrunch
Snap says total watch time on its TikTok competitor increased more than 125%
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year.
- Autoblog
These are the fastest-selling new cars of 2024
iSeeCars found that a handful of brands sell new cars much faster than others and noted that EVs are taking longer to sell than hybrids.
- Autoblog
Best EVs under $50,000
These are our favorite electric vehicles that you can get for under $50,000.
- TechCrunch
Why Meta is looking to the fediverse as the future for social media
Meta's move into the open social web, also known as the fediverse, is puzzling. Will it bring its advertising empire to the fediverse, where today clients like Mastodon and others remain ad-free? One possible answer can be teased out of a conversation between two Meta employees working on Threads and Flipboard CEO Mike McCue, whose company joined the fediverse with its support of ActivityPub, the protocol that powers Mastodon and others.