Recent Acquisitions by Google, Salesforce, and Intel Seem a Little Desperate [The Motley Fool]
Salesforce, Inc. (CRM)
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Source: The Motley Fool
Recent Acquisitions by Google, Salesforce, and Intel Seem a Little Desperate Billy Duberstein ( TMFStoneOak Jun , 09 at :00PM Woody Allen once said a relationship is like a shark: It has to constantly move forward or it dies. It appears the same mentality applies in the world of tech stocks: If you're not growing, you're dying. Yet when successful tech companies become big enough, it becomes harder to grow, and many tech companies turn to mergers and acquisitions to achieve growth targets and fend off competition... but it usually comes at a price. In the past couple weeks, three tech giants -- Alphabet NASDAQ:GOOG NASDAQ:GOOGL salesforce.com NYSE:CRM Intel NASDAQ:INTC Image source: Getty Images. Alphabet buys Looker The first big acquisition came from Alphabet, which announced on June that it was acquiring data analytics start-up Looker for $. billion. That's a big price tag, but Alphabet was actually already an investor in Looker through its venture capital wing Capital G. The two
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- Is It Worth Investing in Salesforce.com (CRM) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
- Institutional investors in Salesforce, Inc. (NYSE:CRM) see US$24b decrease in market cap last week, although long-term gains have benefitted them. [Yahoo! Finance]Yahoo! Finance
- Global Multichannel Order Management Market to reach a valuation of US$ 8.5 billion by 2034, FMI Projection [Yahoo! Finance]Yahoo! Finance
- Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Salesforce, Inc. (NYSE: CRM) had its "outperform" rating re-affirmed by analysts at Wolfe Research. They now have a $365.00 price target on the stock.MarketBeat
CRM
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- 2/28/24 - Beat
CRM
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- 4/19/24 - Form 4
- 4/18/24 - Form 4
- 4/17/24 - Form 4
- CRM's page on the SEC website