Leverage Shares 2X Long CRM Daily ETF(CRMG.US)

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Leverage Shares 2X Long CRM Daily ETF
CRMG.US
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Voice AI engine and OpenAI partner LiveKit hits $1B valuation

LiveKit, a developer of real-time AI voice and video infrastructure, has raised $100 million in funding, achieving a $1 billion valuation. The funding round, led by Index Ventures, included participation from existing investors like Altimeter Capital Management and Redpoint Ventures. LiveKit, which powers OpenAI's ChatGPT voice mode, serves clients such as xAI, Salesforce, and Tesla. Founded in 2021, the company transitioned from a free tool to a managed cloud service provider, capitalizing on the growing demand for voice AI solutions.

TechCrunch·
US
IXN
+0.77%
US
IGV
+1.61%
US
CRM
+2.94%
TechCrunch·
US
IXN
+0.77%
US
IGV
+1.61%
US
CRM
+2.94%

Salesforce Stock Boost: What's Really Happening?

Salesforce Inc (NYSE:CRM) shares rose 2.87% to $227.92, driven by a broader market rally, with the S&P 500 up 0.8%. Despite this, the stock remains under pressure, trading 10.1% below its 20-day moving average and down 31.7% over the past year. Analysts maintain a Buy rating with an average target of $325.04, though the stock's momentum is weak, indicated by an RSI of 26.01. The Benzinga Edge scorecard shows strong growth potential but warns of current underperformance, suggesting caution for investors.

benzinga_article·
US
CRM
+2.94%
US
.SPX
+0.55%
US
SPY
+0.52%
benzinga_article·
US
CRM
+2.94%
US
.SPX
+0.55%
US
SPY
+0.52%

Salesforce Executives Outline Three-Stage Roadmap for Enterprise AI Adoption

Salesforce executives outlined a three-stage roadmap for AI adoption, focusing on overcoming challenges in scaling AI for business value. They emphasized the need for a combination of flexible large language models and deterministic workflows for complex processes. Key factors include executive sponsorship, clear use cases, and compliance. The role of agent managers to enhance AI performance was also highlighted. Salesforce aims to provide essential tools to guide organizations through AI deployment and achieve ROI.

Reuters·
US
CRMG
+6.06%
US
IGV
+1.61%
US
CRM
+2.94%
Reuters·
US
CRMG
+6.06%
US
IGV
+1.61%
US
CRM
+2.94%

Software selloff sparked by AI sets stage for potential big year of M&A, investors say

The software sector is experiencing a selloff, with major companies like Salesforce and Adobe down over 14% amid fears of AI displacement. Investors anticipate a surge in acquisitions as mid-sized firms seek financing. Thoma Bravo's Orlando Bravo sees buying opportunities, while analysts warn of vulnerabilities in companies lacking strong enterprise ties. ServiceNow's recent partnership with OpenAI has not alleviated market concerns, as shares continue to decline. The upcoming tech earnings season will provide insights into how companies are adapting to AI challenges.

CNBC·
US
CRMG
+6.06%
US
IGV
+1.61%
US
NOWL
+6.22%
CNBC·
US
CRMG
+6.06%
US
IGV
+1.61%
US
NOWL
+6.22%

ISG Identifies Workiva, Salesforce, and Oracle as Leaders in Sustainability Software Market

Information Services Group Inc. (ISG) has identified Workiva, Salesforce, and Oracle as leaders in the sustainability software market. Their research highlights the increasing demand for sustainability software due to rising regulatory and stakeholder expectations. The ISG Buyers Guides™ evaluated 20 providers, ranking Workiva as the top Overall Leader, followed by Salesforce and Oracle. The report emphasizes the importance of sustainability software in enabling transparent environmental disclosures for enterprises.

Reuters·
US
CRM
+2.94%
US
CRMG
+6.06%
US
ORCX
+4.88%
Reuters·
US
CRM
+2.94%
US
CRMG
+6.06%
US
ORCX
+4.88%
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