Shares of ebay soared today after a report the company is considering spinning off its paypal unit. First, to our lead story. Salesforce is no stranger to spending, buying Companies Like exact target, striking a partnership with microsoft, and spending on new office space like the Salesforce Tower in San Francisco. In the second quarter, the Software Company reported sales of one point 3 billion, up 38 . Some of those moves are adding to the top line. Salesforce is also planning a major Product Announcement at its dream force conference in october. Shares up slightly. Joining me is our editor at large, cory johnson. What do you make of the results . A huge jump in revenue, but a loss. The 5 billion company that grew 38 and generated north of 200 million in free cash flow. They do spend a ton of money. Cory, would you complain . You complain about anything when you get the chance. [laughter] thats not true. Salesforce has vast fortunes in acquisition here. It has heard gross margins. Gr
Some of those cameras today. Shares of ebay soared today after a report the company is considering spinning off its paypal unit. First, to our lead story. Salesforce is no stranger to spending, buying Companies Like exact target, striking a partnership with microsoft, and spending on new office space like the salesforce in San Francisco. In the second quarter, the Software Company reported sales of one point 3 billion, up 38 . Some of those movings moves are adding to the top line. Salesforce is also planning a major Product Announcement at its dream force conference in october. Shares up slightly. Joining me is our editor at large, cory johnson. What do you make of the results . A huge jump in revenue, but a loss. Billion company that grew 38 and generated north of 2 million in free cash flow. They do spend a ton of money. Cory, would you complain . You complain about anything when you get the chance. [laughter] thats not true. Vast fortunes in acquisition here. Gross margins. Gross m
Were . In the cross hairs of europe, but we know that yurt has been weak. That is the approximate cause. The sooner it happens the less likely we wilikely we will get bigger cuts. That means the less likely that you will blast out of stocks ahead of a tsunami of selling when you have a number of cuts. Prudence and foresight produce what i call just in case selling. Again that is totally sensible. Im never going to criticize that. Aside from these two factors, fridays selling had theyre own momentum. The first reason that people sold, the fed. We heard endlessly that the Federal Reserve was behind the curve. Meaning the fed will have to do something to send stocks lower. And that thing is to raise Interest Rates quickly. Before i tear this apart you need to know that at the end of the week bankers gathered. Youll have to hear stories about how the fed is going to hurt you and your pocketbook. I would love to be able to immunize you against this chatter, but it is almost impossible becau
Story. In galaxy of charities to be thankful for this season theres one that comes with a twinkle. Makeawish. This year grant the most wishes we ever have in our history. History that started 35 years ago. For me it has never left. Ahead on sunday morning the story behind this very wellknown wishing well. And the child who started it all. Osgood chris rock is a come wick a voice and style all his own, now putting his personal stamp on very own film as mo rocco will be showing us. All my black friends have a bunch of white friends. All my white friends have one black friend. For nearly three decades chris rock has been making us laugh. He can hardly believe it. I thought i would do couple of things then be the funny guy at ups or security at the airport. Really . In a heartbeat. Later on sunday morning at the apollo with chris rock. Osgood songs with music and words by the beatles have been heard enjoyed by millions of fans for half a century. Now many of those words can be seen as well
Story. In galaxy of charities to be thankful for this season theres one that comes with a twinkle. Makeawish. This year grant the most wishes we ever have in our history. History that started 35 years ago. For me it has never left. Ahead on sunday morning the story behind this very wellknown wishing well. And the child who started it all. Osgood chris rock is a come wick a voice and style all his own, now putting his personal stamp on very own film as mo rocco will be showing us. All my black friends have a bunch of white friends. All my white friends have one black friend. For nearly three decades chris rock has been making us laugh. He can hardly believe it. I thought i would do couple of things then be the funny guy at ups or security at the airport. Really . In a heartbeat. Later on sunday morning at the apollo with chris rock. Osgood songs with music and words by the beatles have been heard enjoyed by millions of fans for half a century. Now many of those words can be seen as well