Salesforce-Informatica; Trump Crypto Plans; US Steel Reaffirms Partnership
On this episode of Stock Movers:- Salesforce (CRM) shares are higher this morning despite moving to acquire daata-management software firm Informatica (INFA), which is also rallying on the WSJ report. Sources tell the Journal that Salesforce is expected to pay $25 per share for Informatica, and beat out multiple other strategic and private-equity suitors.- Trump Media & Technology Group (DJT) is moving higher this morning on a Financial Times report that the company's planning to raise $3 billion to buy cryptocurrencies. The report says the company of President Trump's family is looking to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.