Stock Movers

Closing Bell: Salesforce Projects Weak Sales, Alphabet Hits Record, HP Earnings

16 snips
Sep 3, 2025
Salesforce struggles with weak sales projections, raising questions about its AI strategy amid growing competition. Meanwhile, Alphabet soars to record highs following a court ruling that favors the tech giant in its antitrust battle. On the downside, HP's disappointing earnings forecast sparks concerns about shrinking margins in the server market. As market dynamics shift, stocks like GitLab drop while American Eagle shines, reflecting varied investor reactions to earnings news. The tech landscape is clearly in flux!
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INSIGHT

Tech And Communication Lead Market Gains

  • Communication services and tech led gains, driven largely by Alphabet and Apple strength.
  • Energy and industrials lagged significantly, reflecting sector divergence in the session.
INSIGHT

Salesforce Guidance Disappoints Despite Solid Quarter

  • Salesforce's guidance for Q3 and full year sits essentially in line with analyst expectations with a slight downside bias.
  • The market reacted negatively as investors saw slower-than-expected uplift from its AI initiatives.
ADVICE

Wait For Clear Catalysts Before Buying CRM

  • Investors should look for catalysts beyond near-term enterprise software spend to re-rate Salesforce higher.
  • Consider waiting for clearer adoption signals or 2026 operational cash-flow targets before adding exposure.
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