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  • Feb 26, 2025

Salesforce stock falls amid downbeat revenue outlook as Agentforce adoption lags

(Reuters) -Business software provider Salesforce forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its Agentforce platform, sending shares of the company down around 5% in extended trading. "Given how poor initial generative AI experiments were for many companies, they're not just writing blank checks until Salesforce shows them Agentforce actually works," said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The next quarter or two will be critical for Salesforce."

  • Feb 26, 2025

US gives Serbian oil company last-minute sanctions reprieve, says President Vucic

The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by Russian companies and runs the country's only oil refinery, President Aleksandar Vucic said on Thursday, citing a U.S. Treasury document. The United States placed sanctions on Russia's oil sector on January 10, and gave Russian oil company Gazprom Neft until Thursday morning to exit ownership of NIS.

  • Feb 26, 2025

Investors bet on sharpest US-Europe inflation divergence since 2022

Traders who bet on the future course of inflation foresee the sharpest divergence for three years between the U.S. and euro zone, driven by different growth paths, tariff threats and cheaper European energy after a potential Ukraine peace deal. That gap is not fully reflected in U.S. and euro zone bond yields, however, as investors are eyeing other factors including recent tepid U.S. economic data and expectations that European countries might need to spend more on defence.

  • Feb 26, 2025

Nomura Cuts Taiwanese Stocks on AI Sector Scrutiny, Tariffs

(Bloomberg) -- Nomura Holdings Inc. downgraded Taiwanese equities citing greater scrutiny of the artificial intelligence sector and US President Donald Trump’s plans to impose tariffs on trading partners.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant

  • Feb 26, 2025

China curbs US stock listings for homegrown companies, Financial Times reports

China's securities regulator has clamped down on small homegrown companies listing on U.S. stock exchanges after many of them became vehicles for price-rigging, causing heavy losses for U.S. investors, the Financial Times reported on Thursday. The China Securities Regulatory Commission said it intends to impose "tighter control" over U.S. listings of Chinese companies with small capitalisation and weak fundamentals, saying they are prone to market manipulation, the FT reported, citing four people close to the regulator.

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