Salesforce (CRM), the cloud-based software company, reported better-than-expected earnings and revenue for the latest quarter, along with an upward revision of its full-year earnings guidance.  However, the stock took a hit in after-hours trading, dropping as much as 7%, as investors expressed concerns over higher-than-anticipated capital costs. Let's take a closer look at how Salesforce performed and the factors that influenced its stock performance. Check Out Video --> CRM  Price  Target  Analysis   Earnings and Revenue Beat Salesforce delivered adjusted earnings of $1.69 per share for the quarter, surpassing analysts' expectations of $1.61 per share. The company's revenue also exceeded estimates, reaching $8.25 billion compared to the projected $8.18 billion. This marked an 11% increase in revenue for the quarter that ended on April 30, showcasing Salesforce's strong performance in driving sales. Capital Expenditures and Analyst Consensus While Salesforce's fi

Artificial intelligence (AI) has captured the attention of tech leaders and industry experts, who are now warning about the potential risks associated with this rapidly advancing technology.  In a joint statement , signed by prominent figures including Sam Altman of OpenAI, executives from Google's DeepMind, and Microsoft, the urgent need to prioritize mitigating the extinction risk posed by AI is emphasized. This article explores the concerns raised by these leaders and sheds light on the importance of addressing AI risks on a global scale. The Growing Alarm The statement unequivocally states that reducing the risks associated with AI should be considered a global priority, alongside other significant risks like pandemics and nuclear war. It reflects a growing consensus among experts that the potential impact of AI on humanity's future cannot be ignored. This call to action acknowledges the importance of acknowledging and addressing the challenges presented by advanced AI syst

Nvidia's ( NVDA ) impressive revenue forecast has propelled the chip maker towards the trillion-dollar-value club, igniting excitement among investors.  With a growing demand for its products fueling the latest wave of artificial intelligence applications, Nvidia has become a top contender in the AI market. Surprisingly, the CEO of Nvidia himself hinted at potential winners in this booming industry, and two companies stand out from the crowd. During the company's recent earnings report, Nvidia revealed results that exceeded expectations. However, it was the guidance for the current quarter that stole the spotlight. With a revenue forecast range of $11 billion at the midpoint, significantly surpassing the analyst consensus of $7.2 billion, Nvidia signaled its strong position in the AI market. The driving force behind Nvidia's growth lies in the soaring demand for its data center products, which enable generative AI projects. The release of OpenAI's ChatGPT, an AI languag

Featuring Two Popular Outfit and Apparel Stores Get ready for exciting news in the fashion retail industry! In this video, we dive into the impressive breakout/achievement of Abercrombie & Fitch (ANF) and Urban Outfitters (URBN). Abercrombie & Fitch exceeded all expectations, reporting a surprise profit and raising its revenue growth guidance for FY23, leading to a remarkable 30% surge in its stock. Meanwhile, Urban Outfitters wowed investors with better-than-expected results for the first quarter of fiscal 2024, surpassing both revenue and earnings estimates and experiencing a 6% stock price jump. Don't miss out on this exciting trend in the world of fashion retail and explore the potential implications for these popular outfit and apparel stores. Watch the  video  to get the technical details and what to expect moving forward. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of Shar

What an awesome day trading session today! In the premarket (Mon-Thur) we put together a watch list made of eight (8) tickers: we call it Focus List. With over 8,000 stocks in the US stock market alone, we use the Focus List to "focus" our day trading attention on just eight tickers. Well, our Focus List was on fire today. Four of the eight tickers made big moves providing a combined 197% gain in just a few hours. That was awesome! Watch the  video  to get the technical details. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore d

Hi Traders,  The market has been extremely calm recently and volatility is getting crushed. And since it is also going into Earnings season, the choices for trading vehicles is very limited. So let's jump into the most volatile index ETF right now which is IWM and make ourselves a trade! :) Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading

When a corporation buys its own outstanding shares. Commonly referred to as repurchasing shares, buyback lowers the number of shares that are accessible on the open market, often time causing the price to rise. Companies repurchase shares for a variety of purposes, including to boost the value of the shares still in circulation by cutting back on supply or to prevent other shareholders from acquiring a controlling interest. Understanding buybacks Companies invest in themselves through buybacks. Reducing market share promotes investor ownership. A firm may purchase back undervalued shares to reward investors. A repurchase improves a share's fraction of earnings because the company is positive on its existing operations. Keeping the same price-to-earnings ratio will enhance the stock price. The share repurchase reduces the quantity of shares, increasing each's value. EPS grows as P/E ratio drops or company price rises. A share repurchase shows investors that the company has eme