Category: Stock Market

Salesforce Eyes Record $25B Debt Sale to Supercharge Buybacks

Posted on by Olumide Adesina

Salesforce intends to sell up to $25 billion in debt to finance a share buyback. This would be the software company’s largest-ever note sale. The people, who asked not to be named because specifics are confidential, stated that the company is aiming for a US bond offering of at least $20 billion.

 

The notes could be sold as early as this week, they added, though the exact date may vary.

The software company, which has come to represent Wall Street’s concerns about how AI will affect established vendors, announced a $50 billion stock buyback program, a 5.8 percent dividend increase, and a better-than-expected sales forecast.

Moody’s Ratings downgraded Salesforce to A2 on Tuesday, citing a debt-funded buyback as “a material shift in financial policy, including a higher tolerance for debt in the capital structure.” Meanwhile, S&P Global Ratings reduced its forecast to negative. The last time the company used the US bond market was in 2021, when it raised $8 billion to finance the purchase of Slack. Wells Fargo, Barclays, Citigroup, and JPMorgan declined to comment. A request for comment was not immediately answered by Salesforce or Bank of America.

Analysts Target Cuts and Competitive Threats Send AppLovin APP Stock Below $500

Posted on by Skerdian Meta

Shares of AppLovin tumbled sharply despite strong earnings results as investors grew increasingly concerned about AI disruption, rising competition from tech giants, and the company’s elevated valuation. Continue reading “Analysts Target Cuts and Competitive Threats Send AppLovin APP Stock Below $500” →

Rising AI Costs Weigh on MSFT Stock Despite the Tech Bounce and Launching Copilot from Anthropic

Posted on by Skerdian Meta

Shares of Microsoft remain under pressure despite strong earnings, new AI innovations, and expanding global partnerships, as investors focus increasingly on the rising cost of artificial intelligence infrastructure. Continue reading “Rising AI Costs Weigh on MSFT Stock Despite the Tech Bounce and Launching Copilot from Anthropic” →

Salesforce Plans $25B Raise to Fuel Aggressive Buyback Program

Posted on by Olumide Adesina

Salesforce intends to sell up to $25 billion in debt to finance a share buyback. This would be the software company’s largest-ever note sale. The people, who asked not to be named because specifics are confidential, stated that the company is aiming for a US bond offering of at least $20 billion.

 

The notes could be sold as early as this week, they added, though the exact date may vary.

The software company, which has come to represent Wall Street’s concerns about how AI will affect established vendors, announced a $50 billion stock buyback program, a 5.8 percent dividend increase, and a better-than-expected sales forecast.

Moody’s Ratings downgraded Salesforce to A2 on Tuesday, citing a debt-funded buyback as “a material shift in financial policy, including a higher tolerance for debt in the capital structure.” Meanwhile, S&P Global Ratings reduced its forecast to negative.

The last time the company used the US bond market was in 2021, when it raised $8 billion to finance the purchase of Slack.

Wells Fargo, Barclays, Citigroup, and JPMorgan declined to comment. A request for comment was not immediately answered by Salesforce or Bank of America.

Forex Signals March 10: Oracle ORCL, BioNTech, Firefly Aerospace Earnings Preview Today

Posted on by Skerdian Meta

Investors are keeping a tight eye on Oracle Corporation, BioNTech, and Firefly Aerospace’s earnings reports today. The results are expected to provide insight into the growing private space industry, the need for enterprise clouds, and the possibility of biotech comeback. Continue reading “Forex Signals March 10: Oracle ORCL, BioNTech, Firefly Aerospace Earnings Preview Today” →

MU Stock Jumps on Analyst Upgrades, yet High Micron Earnings Forecasts Call for Caution

Posted on by Skerdian Meta

Despite the fact that the semiconductor cycle’s intrinsic volatility still calls for prudence, Micron Technology’s shares saw a significant increase due to fresh analyst confidence and reliable memory price projections. Continue reading “MU Stock Jumps on Analyst Upgrades, yet High Micron Earnings Forecasts Call for Caution” →

TMC and USAR Stock Rebound – NOAA Gives Green Light for Deep-Sea Mining

Posted on by Skerdian Meta

When deep-sea mining rules improved and investor interest in the strategic minerals sector was rekindled, shares of USA Rare Earth (USAR) and The Metals Company (TMC) surged. Continue reading “TMC and USAR Stock Rebound – NOAA Gives Green Light for Deep-Sea Mining” →

Crude Oil Prices Dive Below $80 As Trump Hints End of Iran War, Easing Russian Sanctions

Posted on by Skerdian Meta

Geopolitical concerns originally caused crude oil prices to rise, but political signals and policy talks swiftly caused them to reverse, causing severe volatility in the world’s energy markets.
Continue reading “Crude Oil Prices Dive Below $80 As Trump Hints End of Iran War, Easing Russian Sanctions” →