Salesforce plummets on revenue miss, investors eye GDP: Yahoo Finance
Salesforce (CRM) is plunging this morning after the company missed revenue expectations for the first time in nearly two decades. Shares are currently headed for the biggest drop since 2006. The decline is weighing on the overall markets with the Dow (^DJI), Nasdaq (^IXIC), and S&P 500 (^GSPC) all under pressure. Wall Street is also digesting the latest read on US Gross Domestic Product (GDP) out this morning. Yahoo Finance trending tickers include UiPath (PATH), C3.ai (AI), and AST SpaceMobile (ASTS).
Key guests include:
9:20 a.m. ET - Anthony Chukumba, Loop Capital Markets Managing Director
9:50 a.m. ET - Tom Siebel, C3.ai Founder, Chairman, and CEO
10:00 a.m. ET - Stephanie Roth, Wolfe Research Chief Economist
10:30 a.m. ET - Liz Young, SoFi Head of Investment Strategy