Salesforce (CRM) Q4 Earnings Beat, Stock Falls on Weak Sales View
Salesforce (CRM) ended fiscal 2024 on a strong note, with reporting better-than-expected fourth-quarter results. However, shares of this enterprise software maker declined 1.6% during Wednesday’s extended trading session on weak sales guidance for fiscal 2025. This signals a possible slowdown in cloud and tech spending amid high interest rates and a rising inflation environment.Before delving deeper into guidance, let’s discuss fourth-quarter results.The enterprise cloud computing solution provider’s fourth ...