Salesforce (NYSE:CRM) announced reduce workforce by about 10 percent

/ / Technology /

Salesforce (NYSE:CRM) announced: As one ‘Ohana, over the last 23 years, Salesforce has built the #1 CRM that drives incredible customer success across every line of business for every industry around the world. We have never been more mission-critical to our customers. We have an unparalleled ecosystem, with thousands of partners and millions of Trailblazers building their companies on our platform. However, the environment remains challenging and our customers are taking a more measured approach to their purchasing decisions. With this in mind, we’ve made the very difficult decision to reduce our workforce by about 10 percent, mostly over the coming weeks.

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Rivian (NASDAQ:RIVN) produced 10,020 vehicles in the fourth quarter and delivered 8,054 vehicles

/ / Consumer Discretionary /

Electric car maker Rivian Automotive (NASDAQ:RIVN) said in a filing late Tuesday that the company had failed to meet its full-year production target of 25,000 units in 2022. Rivian said that after cutting its original production forecast of 50,000 vehicles in half in mid-2022, the company’s current only plant, the Normal, Illinois, plant produced 24,337 vehicles and delivered 20,332 vehicles in 2022. In the fourth quarter, the company produced 10,020 vehicles and delivered 8,054 vehicles.

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Cowen Adjusts Price Target on Starbucks(NASDAQ:SBUX) to $112 From $104

/ / Consumer Discretionary / ,

Cowen Adjusts Price Target on Starbucks (NASDAQ:SBUX) to $112 From $104, Maintains Outperform Rating. Analyst Andrew Charles expects the news that 100% of the company-owned business restarts operations in China will have a greater impact on the P/E ratio, even if the progress is non-linear. At the same time, Starbucks has many positives for the year ahead. “We believe Starbucks is pursuing the right structural drivers, including popular iced and plant-based beverages, offering customers payment options other than Starbucks gift cards, allowing them to join my Starbucks Rewards loyalty program, and making digital ordering smoother.” Charles predicts that Starbucks’ earnings per share will grow 20 percent between 2023 and 2025 with the help of China’s economic recovery, which is the upper end of the guidance range Starbucks shared at the 2022 investor day.

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Blackstone Group President Gray:BREIT saw a 13 percent increase in cash flow last year

/ / Financials /

Blackstone Group President Gray: Blackstone Real Estate Investment Trust (BREIT) saw a 13 percent increase in cash flow last year, and investors have confidence in it. 2023 will be a tougher year economically. The Fed is expected to stop raising interest rates by the middle of this year.

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S&P Global (NYSE:SPGI) Acquires Charting Platform ChartIQ From Cosaic

/ / Financials /

S&P Global (SPGI) said Thursday it has acquired ChartIQ from Cosaic for an undisclosed sum. ChartIQ will become part of the S&P Global Market Intelligence division and be integrated into S&P Global’s Capital IQ Pro platform, S&P Global said. The transaction was sign on Dec. 23 and closed on Sunday, the company said. ChartIQ allows users to visualize vendor-supplied data with a fully interactive web-based library that works across multiple media and provides professional-grade charting capabilities, according to S&P Global.

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S&P Global (NYSE:SPGI)Stock price trend forecast and trading range -2023.1.6

/ / Financials /

S&P Global Inc. (NYSE:SPGI) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: rebound Sell high and buy low of range : $330 – $348 Support: $328 resistance: $350 Stop Loss Price: $328 price target: $348 Buy the position again: stop fall and rise to $328 Medium-term trend: rebound High sell low buy range: $328 – $365 Support: $326 resistance: $365 Stop Loss price: $326 price target: $365 Buy the position again: stop fall and rise to $326 Long-term trend: down High sell low buy of range: $320 – $390 Support : $320 resistance: $390 Stop Loss price: $320 price target : $390 Buy the position again: stop fall and rise to $320 From Analysis from financial statements: the third quarter of fiscal

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