Check out the companies making headlines after the bell . Salesforce — The software giant added 7% after releasing third-quarter adjusted earnings of $2.11 per share, higher than the $2.06 per share analysts polled by LSEG were expecting. The firm’s third-quarter revenue of $8.72 billion fell in line with expectations.…

Salesforce shares rose more than 8% in extended trading on Wednesday after the cloud software vendor reported fiscal third-quarter earnings that topped analysts’ estimates.Here’s how the company did:Earnings: $2.11 per share, adjusted, versus the $2.06 per share expected by LSEGRevenue: $8.72 billion versus the $8.72 billion expected by LSEGRevenue increased 11% from…

The consensus outlook for 2024 looks rosy, at least when I am writing this just after Thanksgiving. November’s rally has been one of the best ever and the S&P500 (SP500) (NYSEARCA:SPY) is around 1% from its 2023 peak. News flow is predictably positive. Yields may have finally topped and ‘higher…

The investing community lost one of its pillars Tuesday with the death of Berkshire Hathaway vice chair Charlie Munger, according to Ariel Investments’ Charles Bobrinskoy.He was a “true master of investing,” Bobrinskoy, the firm’s vice chair, said on CNBC’s “Closing Bell: Overtime” shortly after Munger passed away Tuesday. “He was…

Check out the companies making headlines in extended trading.Workday — Stock in the workforce platform provider added more than 6% after third-quarter results surpassed Wall Street estimates. Workday notched adjusted earnings of $1.53 per share on $1.87 billion in revenue, while analysts surveyed by LSEG, formerly known as Refinitiv, expected…

Teladoc Health, Inc. (NYSE:TDOC) 35th Annual Piper Sandler Healthcare Conference November 28, 2023 12:00 PM ET Company Participants Jason Gorevic – Chief Executive Officer Conference Call Participants Jessica Tassan – Piper Sandler Jessica Tassan All right. So, good afternoon everyone, my name is Jessica Tassan. I’m the healthcare services analyst…

The rapid growth in short-dated options that have become popular with hedge funds and retail traders alike is now spreading beyond stocks into other asset classes.The Nasdaq last week launched new two-week options contracts that expire on Wednesdays based on the following exchange traded products:The short-term options market is already…

A federal judge on Monday denied a request by Donald Trump to issue subpoenas for records related to a select House committee that investigated the Jan. 6 Capitol riot.Trump was seeking the subpoenas as part of his defense to criminal charges related to his attempt to reverse his loss in…

In this piece, we will outline how fiscal policy–specifically, deficit-spending– results in positive net-transfers from the Treasury into private-sector bank accounts and thus drives the stock market higher. Fiscal-Policy The Federal government is the currency-creator and, therefore, has no need for an income like a currency-using household does. The laws…

It’s no secret that most consumers in China haven’t been in a mood to spend big. But what would get them to open their wallets is so far from reality that Jefferies analysts said Wednesday it’s up to companies to find ways to grow on their own. The analysts’ “random…