Financial Market Analysis & Investment Research Partly open
Salesforce (CRM): Record Profits Not Driven by Products
Salesforce is the world’s largest developer of customer relationship management systems. In just one year, the stock has weathered both a crash driven by fears of artificial intelligence and one of the strongest rallies in its history following its quarterly earnings report. However, the key figure in that report did not come from the company’s products. We’ll break down what’s behind this result, which levels are currently important on the daily chart, and how the situation might unfold going forward.
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