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Salesforce jumps 5% after delivering 'beat and raise' despite rocky few months on the marketSALESFORCE EARNINGS: •Revenue: $3.39B ($3.37B expected) •EPS (adjusted): $0.61 ($0.50 expected) •Q4 revenue guidance (GAAP): $3.551B - $3.561B •Q4 EPS guidance (adjusted): $0.54 to $0.55 •Revenue guidance for FY 2019 (GAAP): $13.23B - $13.24B
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IBM CEO Rometty buys $3 million in company stockThe stock purchases come just one week after IBM announced a $34 billion proposed acquisition of Red Hat. This must be against the law? Or as we know in 2008 there are no laws for the rich only the middle class if there is one anymore! You mean Red Hat stock. (That is what IBM has become) Isn’t that kinda like insider trading?
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