Shares: Salesforce exceeds expectations in the second quarter with impressive growth figures

San Francisco – Amid an increasingly artificial intelligence (AI)-driven business environment, Salesforce (NYSE: CRM) released its impressive results for the second quarter, fiscal 2024 ended July 31, 2023. The company reported 11% year-on-year revenue growth, rising to $8.60 billion. This resulted in an operating margin of 17.2% in GAAP and 31.6% in non-GAAP. Salesforce also…

Shares: Best Buy beats expectations in second quarter despite challenges in electronics sector

Renowned electronics retailer Best Buy reported strong second-quarter results that exceeded expectations despite the ongoing difficulties in the consumer electronics industry. The company’s sales were at the upper end of the forecast, while profitability was a positive surprise. Best Buy CEO Corie Barry highlighted the company’s solid operational execution while adapting to current market conditions…

In July 2023, the euro area experienced significant monetary changes:

Summary M3 money supply: M3 money supply growth declined to -0.4% from 0.6% in June. M1, consisting of currency and overnight deposits, fell to -9.2% from -8.0% in June. Short-term deposits (M2-M1) decreased slightly from 24.0% to 23.9%. Marketable instruments (M3-M2) decreased from 22.8% to 20.6%. Contributions to M3 growth: M1 contributed -6.7 percentage points.…