Salesforce, Inc. (NYSE:CRM) rose 46% over the third quarter, and Microsoft Corporation (NASDAQ:MSFT) rose 37%. Jim Cramer told CNBC on October 1 that the quarter will be remembered as the moment software bounced back while some data center plays gave ground to profit-taking. The accounts behind those two moves say the rally was not sentiment. It was earnings. READ ALSO: NVIDIA (NVDA) vs. Broadcom (AVGO): Which AI Chip Stock Has the Stronger Moat?Jim Cramer Says Software Was the Story of Q3. The Numbers Agree The Earnings Moved Before the Shares Did: Start with Salesforce, because its figures are the clearest. Earnings grew 86.90% year over year in the most recent quarter while revenue grew 10.80%.
Mostramos la idea principal publicamente. Crea una cuenta gratis para seguir leyendo el articulo completo, guardarlo, comentarlo y conectarlo con contexto de mercados y OSINT.