Salesforce Gains on Upgrade; General Mills Beats; Nike Falls on Outlook
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shares of Salesforce (CRM) moved higher alongside fellow software companies ServiceNow (NOW) and Check Point Software Technologies (CHKP) after Guggenheim upgraded the trio from buy to neutral, saying fears that artificial intelligence poses a mortal threat to the sector are overdone. Software stocks have been broadly pressured this year, with investors fretting that offerings from AI-native companies like Anthropic PBC or OpenAI will ravage the sector’s long-term prospects. All three stocks have…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.