Markets

Slack spikes 32% following reports of potential takeover by Salesforce

Slack rocketed as much as 32% higher on Wednesday after Dow Jones reported Salesforce.com is in talks to acquire the workspace-communications company. Such a deal would likely value Slack at more than the $US17 billion market cap it held before shares jumped. There’s no guarantee the talks will lead to […]
Slack spikes 32% following reports of potential takeover by Salesforce
Markets

Salesforce spikes 29% on blockbuster earnings and boosted full-year forecast

Salesforce.com blew earnings expectations out of the water after markets closed on Tuesday, trouncing expectations for second-quarter profits and revenue. The company also raised its full-year guidance above expectations, a stark pivot from its guidance cut in May. Salesforce shares rallied as much as 29% on the earnings beat. Bank […]
Salesforce spikes 29% on blockbuster earnings and boosted full-year forecast