Diamonds and Dogs

12/4/24

Dow component, Salesforce.com (CRM) jumps 9% even as earnings missed, but sales were above expectations. Guidance for 2025 looks good as Salesforce rolls out a complete AI system for enterprises with what they call autonomous AI agents to handle tasks in areas such as sales, marketing, and commerce as the agents function similarly to chatbots to speed up productivity.

Campbell Soup (CPB) drops 4% following earnings as their CEO leaves for the NFL. The iconic soup maker beat earnings as sales rose 10% to $2.77 billion. The company reffirmed guidance for 2025 while also increasing their dividend by 5%. However, the stock is down as current CEO is stepping down to become the new team President of the Washington Commanders.

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