(CNBC) Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Salesforce shares plunged almost 20% on […]

(CNBC) U.S. stock futures ticked lower Friday as investors reviewed a flurry of corporate earnings ahead of a key inflation report. Wall Street was also headed for a losing week after what has been a stellar month for stocks. Dow […]

(CNBC) Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to show more of that creeping progress. The Commerce Department’s measure of personal consumption expenditures prices is expected to show […]

(CNBC) Trump Media shares fell as much as 15% in extended trading on Thursday after a New York jury found former President Donald Trump guilty on all 34 felony counts of falsifying business records in his criminal hush money trial. The stock, which […]

(Hedgeweek) Hedge funds sold off US cyclical stocks at the fastest rate seen so far this year last week, also kicking off their largest sell-off of US industrial stocks in more than 10 years, according to a report by Morningstar. […]

(CNBC) MongoDB’s revenue grew 22% year over year in the fiscal first quarter, which ended on April 30, according to a statement. Growth slowed for the third consecutive quarter. It was 57% two years ago. The company had a net loss […]

(CNBC) Dell reported first-quarter earnings on Thursday that beat analysts’ estimates for earnings and sales, as the company has emerged as one of the top vendors for artificial intelligence servers. Shares fell about 12% in extended trading at one point before recovering. When […]

(Hedgeweek) Stuart Currey, APAC Head of Systematic Trading at Citadel Securities, has become the latest senior figure from the market-making firm to join multi-strategy hedge fund major Millennium, according to a report by eFinancial Careers. To read this article:

(CNBC) U.S. stock futures fell Wednesday night as shares of Salesforce slid on a quarterly revenue miss and soft guidance. Futures tied to the Dow Jones Industrial Average dropped 276 points, or 0.7%. S&P 500 futures slid about 0.4%, and Nasdaq-100 futures fell 0.5%. In extended […]

(CNBC) Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence when she spoke on a podcast released Tuesday about events inside the company leading up to Altman’s firing. One example she gave: When OpenAI […]

(CNBC) Salesforce called for adjusted earnings per share in the current quarter of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in […]

(CNBC) Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their money back. The company, which is owned by tech billionaire twins Cameron and Tyler Winklevoss, announced Wednesday that it […]