As Brexit stumbles, Salesforce and other tech companies warn of possible fallout

The U.K.'s increasingly messy attempt to withdraw from the European Union, called Brexit, is creating uncertainty for U.S. tech companies, who are starting to warn investors about possible fallout.

Salesforce is part of a growing number of tech companies addressing the potential impact of Brexit, a move that could add significant uncertainty to businesses in Europe. Although British lawmakers are once again expected to vote to delay Brexit, which is scheduled for later this month, more investors are asking about its future risk.

Expedia, for example, said it's seen a drop-off in U.K flight bookings due to"uncertainty around Brexit." Booking Holdings, the owner of a group of travel sites including Priceline.com, also said Brexit is creating a"tremendous amount of uncertainty."

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks positive ahead of definitive Brexit deal voteEuropean markets are expected to open higher on Tuesday ahead of the most important vote on Brexit yet.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen higher ahead of crucial Brexit votes this weekEuropean markets are expected to open higher on Monday ahead of crucial votes in the U.K. that will determine the direction of Brexit.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen lower after historic Brexit deal defeatEuropean markets are expected to open lower on Wednesday after the U.K.'s Brexit deal with the EU was rejected by British lawmakers.
Source: CNBC - 🏆 12. / 72 Read more »