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Stock impact report

Salesforce's Army Cloud Deal And Wildfire Venture Versus Recent Stock Weakness [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Salesforce (NYSE:CRM) has secured a $5.6b, 10 year contract with the U.S. Army to modernize operations using cloud and AI via its subsidiary Computable Insights LLC. The company is also launching EMBERPOINT LLC with Lockheed Martin, PG&E Corporation, and Wells Fargo to apply AI and data tools to wildfire detection, prevention, and emergency response. These moves extend Salesforce's reach into public sector modernization and emergency management alongside its core enterprise software business. Shares of Salesforce trade around $210.81, with the stock showing a 26.2% return over 3 years but a 37.5% decline over the past year. Recent shorter term moves include a 16.9% decline over the past month and year to date, and an 8.1% decline over the past week, which provides important context as these new contracts and ventures come into focus for investors. The Army contract and EMBERPOINT venture highlight how Salesforce is positioning its cloud and AI capabilities for large scale, mi Show less Read more
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