Weekend Tech Roundup: CXMT's 874% Revenue Surge, Apple's New Macs, Nvidia's Q2 Beat and More
CXMT’s revenue surge, Apple’s new Macs, and strong tech earnings led the weekend news, alongside CXMT’s Pentagon lawsuit.
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Jefferies analyst Brent Thill maintains Salesforce (NYSE:CRM) with a Buy and raises the price target from $250 to $300.
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CXMT’s revenue surge, Apple’s new Macs, and strong tech earnings led the weekend news, alongside CXMT’s Pentagon lawsuit.
Read original at benzingaNvidia, Salesforce and CrowdStrike lead a busy tech week as AI demand, chip shortages, tariffs, Apple, SpaceX and semiconductor stocks drive markets.
Read original at benzingaBenzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Read original at benzingaSalesforce delivered a strong Q2 report with revenue of $11.34 billion (beating consensus) and raised full-year guidance. The stock rallied over 20% as investors gained confidence in the company's ability to leverage AI as a growth driver. Agentforce and Data 360 ARR reached $3.9 billion with 210% YoY growth, while major customers like Cisco, Dell, Uber, and Robinhood are expanding AI deployments with Salesforce.
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