Browsing: Salesforce

Shares of CRM software giant Salesforce (NYSE:CRM) fell 1.8% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%. 

Salesforce Inc. (NYSE:CRM – Get Free Report) shares shot up 3.1% on Friday . The stock traded as high as $194.70 and last traded at $192.4810. Approximately 10,809,702 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 13,748,442 shares. The stock had previously closed at $186.77.

L1 Capital, an investment management firm, released its “L1 Capital International Fund” (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter discusses the current investment environment as a ‘two-speed’ but resilient global economy, accompanied by an uncertain future. The letter explores the potential of an AI bubble, distinguishing…