Shares of software stocks are trading lower following weak guidance from Salesforce.
Portfolio Pulse from Benzinga Newsdesk
Shares of software stocks are trading lower following weak guidance from Salesforce.
May 29, 2024 | 9:04 pm
News sentiment analysis
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NEGATIVE IMPACT
Adobe shares are trading lower in response to weak guidance from Salesforce.
Adobe, being a major player in the software industry, is affected by the overall negative sentiment following Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Salesforce issued weak guidance, leading to a decline in its stock price.
Salesforce's weak guidance directly impacts its stock price negatively.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
DocuSign shares are trading lower in response to weak guidance from Salesforce.
DocuSign, as part of the software sector, is impacted by the negative sentiment from Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
MongoDB shares are trading lower in response to weak guidance from Salesforce.
MongoDB, being in the software sector, is affected by the overall negative sentiment following Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ServiceNow shares are trading lower in response to weak guidance from Salesforce.
ServiceNow, as part of the software sector, is impacted by the negative sentiment from Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Oracle shares are trading lower in response to weak guidance from Salesforce.
Oracle, being a major player in the software industry, is affected by the overall negative sentiment following Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
SAP shares are trading lower in response to weak guidance from Salesforce.
SAP, as part of the software sector, is impacted by the negative sentiment from Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Snowflake shares are trading lower in response to weak guidance from Salesforce.
Snowflake, being in the software sector, is affected by the overall negative sentiment following Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Workday shares are trading lower in response to weak guidance from Salesforce.
Workday, as part of the software sector, is impacted by the negative sentiment from Salesforce's weak guidance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50