Browsing: Relative

Salesforce shares closed at US$247.61 after a mixed run, and recent moves in AI and customer engagement software now put a sharper spotlight on whether that price is justified by the company’s earnings power. For investors, the key issue is how much of Salesforce’s recent history and future ambitions are already baked into today’s multiple.

Emerald Wealth Partners, an independent asset and wealth management firm based in Zurich, released its Q3 2026 investor letter for the “Growth Equity Strategy”. The letter can be downloaded here. In Q3 2026, market performance was defined by pronounced sector rotations, as a rebound in software equities contrasted with a sharp correction in semiconductors, particularly…