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RBC: Questions surround the acquisition of AI customer service agent Fin; assigns Salesforce a 'neutral' rating
RBC noted that Salesforce's $3.6 billion acquisition of Fin has further expanded the tech giant's footprint in customer engagement.
Express News | Salesforce Partners With Databricks to Help AI Agents Turn Trusted Data Into Trusted Action
Salesforce's Stock Seals Longest Losing Streak on Record as Newest AI Acquisition Sparks Anxiety
The Dow Jones Industrial Average closed at a record high for the second consecutive day amid mixed market movements ahead of the Federal Reserve's interest rate decision.
The Dow Jones Industrial Average hit a new record high on Tuesday despite a sharp sell-off in technology stocks, as the Federal Reserve began its two-day policy meeting. The Dow rose 0.6% to 51,999.7, marking its second consecutive session closing at an all-time high. The Nasdaq Composite fell 1.2% to 26,376.3, while the S&P 500 declined 0.6% to 7,511.4, its first drop in the past four trading sessions. Among sector indexes, financials led gains, while the technology sector posted the largest losses. Among major tech stocks, Nvidia (NVDA.US) dropped 2.4%, the steepest decline among Dow components, followed by Salesforce (CRM.
Salesforce Options Spot-On: On June 16th, 110.43K Contracts Were Traded, With 1.05 Million Open Interest
On June 16th ET, $Salesforce(CRM.US)$ had active options trading, with a total trading volume of 110.43K options for the day, of which put options accounted for 51.8% of the total transactions, and
Jim Cramer Debates His Next Move on a Software Stock on an 11 Day Losing Streak