BUZZ-US cloud firms rise on Salesforce upbeat results

Consumer Cyclicals
** Shares of U.S. cloud companies rise in premarket trade on Salesforce's CRM.N results, outlook ** Stock of the enterprise cloud firm Salesforce, set to open at record-high, if gains hold ** ServiceNow NOW.N up 2.8%, while Datadog DDOG.O up 2.2% ** Snowflake SNOW.N up 2%, Oracle ORCL.N up 2.4% ** CRM posts Q3 revenue of $9.44 bln, beating estimates of $9.35 bln — LSEG ** Co now expects fiscal 2025 revenue between $37.8 bln and $38 bln, compared with its prior forecast range of $37.7 bln to $38 bln (Reporting by Pranav Kashyap in Bengaluru) (([email protected]; +919886482111;))
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Published Date
4 Dec 2024 at 8:34 PM
Publisher
Refinitiv
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