Salesforce finished its fiscal 2024 on a strong note, as the enterprise software giant continued to deftly balance sales and profit growth. The company also boosted its stock buyback program, and management even tossed in its first-ever dividend — a sign of its confidence in the business. We’re still believers, […]
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Jim Cramer explains why it’s important to look for nuance during earnings season
CNBC’s Jim Cramer reflected on the earnings season so far, saying investors shouldn’t judge stocks based purely on figures from a financial report. Instead, he said it’s wise to read beyond “negative headlines” to better predict a company’s performance. “You know what the biggest takeaway is?” he said, referring to […]
Treasury watchdog on a ‘full court press’ to spread awareness of new business registry rules
Brian Nelson, US Treasury under secretary for terrorism and financial crimes, during a House Financial Services Committee hearing in Washington, DC, US, on Wednesday, Feb. 14, 2024. The hearing is titled “Oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence (TFI).” Graeme Sloan […]
Biden is a ‘healthy, active, robust 81-year-old male,’ his doctor says after physical
U.S. President Joe Biden departs the White House in Washington, D.C., for the Walter Reed National Military Medical Center for his routine annual physical on Feb. 28, 2024. Jim Watson | AFP | Getty Images Joe Biden is fit to continue his presidential responsibilities “without any exemptions or accommodations,” the […]
Salesforce beats on earnings but forecasts single-digit revenue growth for the year
Marc Benioff, co-founder and CEO of Salesforce, speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Salesforce shares initially slid as much as 6% but then went up 1% in extended trading Wednesday after the […]
Supreme Court will hear Trump presidential immunity claim in election interference case
Former U.S. President Donald Trump looks on at a campaign event in Waterford Township, Michigan, on Feb. 17, 2024. Rebecca Cook | Reuters The Supreme Court on Wednesday agreed to rule on whether former President Donald Trump is immune from criminal charges in his federal election interference case. The high […]
Give us your nominations: CNBC is listing the world’s top fintech companies
Online banking businessman using smartphone with Icon Fintech and Blockchain concept Sarinyapinngam | Istock | Getty Images For a second year, CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be named in a published CNBC report this July. Nominations are now […]
Salesforce shares slip after the company calls for single-digit full-year revenue growth
Marc Benioff, co-founder and CEO of Salesforce, speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Salesforce shares slid as much as 6% in extended trading on Wednesday after the business software maker issued a […]
Congressional leaders strike partial budget deal, avert weekend government shutdown
U.S. Senate Majority Leader Chuck Schumer (D-NY) and U.S. Speaker of the House Mike Johnson (R-LA) speak to one another during remarks at a Capitol Menorah lighting ceremony at the U.S. Capitol Building on December 12, 2023 in Washington, DC. Anna Moneymaker | Getty Images Top congressional leaders on Capitol […]
Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%
Frank Slootman, CEO of Snowflake, on the day of the company’s initial public offering on Sept. 16, 2020. CNBC Snowflake said on Wednesday that billionaire CEO Frank Slootman, who joined the cloud software company in 2019 and took it public the following year, is retiring and will be replaced by […]