Salesforce (CRM) Stock

Salesforce is said to be cutting more than 1,000 jobs but is also bringing in new employees to sell its artificial intelligence products. According to Bloomberg, workers who lose their jobs will have the chance to apply for different positions within the company. This information comes from sources that were not named.

Investors frequently depend on the advice of Wall Street analysts to make choices about buying, selling, or holding stocks. News articles about these analysts from brokerage firms changing their ratings can significantly influence a stock's price.

Palm Coast, FL, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Coastal, a leading Salesforce consulting partner, is excited to share that four of its leaders have been chosen to be part of the exclusive Salesforce Partner Advisory Boards (PABs). Each board has a maximum of 15 members and plays a key role in influencing the future of Salesforce products.

According to a report from Bloomberg News on Monday, Salesforce is laying off over 1,000 employees while also bringing in new staff to promote its latest artificial intelligence products.

In the most recent trading session, Salesforce.com (CRM) finished at $354, which is a decrease of 1.65% compared to the previous day.

Salesforce.com (CRM) finished the most recent trading session at $354, which is a decrease of 1.65% compared to the previous day.

Salesforce Inc. (NYSE: CRM) stood out on Monday, gaining almost 4% while other tech stocks fell sharply. Although the company faced challenges at the end of last year, with a decline in late December, the beginning of this year has been more positive for Salesforce investors.

Salesforce.com (CRM) experienced a significant rise in its stock price during the last trading session, with trading volume exceeding the usual amount. However, the recent changes in earnings estimates might not lead to a further increase in the stock price in the short term.

I consider Veeva Systems a 'Buy' because it has shown a strong recovery, even with competition from Salesforce and uncertainties in the industry during Trump's presidency. The company's shift to its own CRM, Veeva Vault, will support its growth and strengthen its market position in the long run. Additionally, Veeva's Q3 2025 results were better than expected, showing impressive growth in revenue, net income, and free cash flow, which has led to an increase in their guidance for FY 2025.