Solar energy names First Solar and SolarEdge Technologies both made the list of this week's biggest gainers. First Solar was this week's top performer, with shares popping 23.2% following strong guidance for 2023. The energy company is poised to benefit from the Inflation Reduction Act's manufacturing tax credits , according to UBS, which upgraded the stock to buy from neutral.
Software company Salesforce was also one of this week's notable gainers, with the stock on Thursday having their best day since 2020 following a blowout earnings report. Shares were up 16.7% for the week as of early Friday, and up almost 40% since the start of the year. Salesforce is well-liked by analysts, with 68% of those covering the stock giving it a buy rating. The average analyst price target also implies upside of roughly 15%.
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Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and moreStocks making the biggest moves after hours: Salesforce, Snowflake, Okta and more Always remember that when a 🇺🇸 company beats it goes up 16% like $crm. When a commie 🇨🇳 company like $baba beats it drops 10%. These alibaba has a negative TEN YEAR return. Avoid dictator Xii and his garbage. $bidu $jd $nio
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Salesforce stock soars after Benioff predicts big jump to record earnings following layoffsSalesforce reported a fourth-quarter loss of $98 million, or 10 cents a share, on revenue of $8.38 billion, up from $7.33 billion a year ago. After two years of weaker profit growth, $CRM beat expectations and projected big gains in the year ahead: could have cut that loss to 88m by NOT paying mcconaughey 10m for a lousy commercial.
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Salesforce stock soars after earnings beat, forecast that calls for more profit this yearSalesforce reported a fourth-quarter loss of $98 million, or 10 cents a share, on revenue of $8.38 billion, up from $7.33 billion a year ago. After two years of weaker profit growth, $CRM beat expectations and projected big gains in the year ahead:
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