A Double Dose of Big Tech: Salesforce Soars, Musk's "Master Plan" Weighs on Tesla 3/2/23
Carl Quintanilla, David Faber and Mike Santoli engaged in wide-ranging discussions about two big names in tech: Shares of Salesforce surged on a quarterly beat, guidance above consensus and a $20 billion stock buyback program in wake of pressure from activist investors. On the flip side, Tesla shares down sharply one day after the automaker's investor day. Elon Musk's "Master Plan 3" presentation was short on details about cars and finances. Also in focus: Ford U.S. auto sales surged in February, quarterly results send shares of Best Buy and Macy's in opposite directions, big tech news on the AI race, plus an update on EU regulators and the Microsoft-Activision deal.
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Show Notes
Carl Quintanilla, David Faber and Mike Santoli engaged in wide-ranging discussions about two big names in tech: Shares of Salesforce surged on a quarterly beat, guidance above consensus and a $20 billion stock buyback program in wake of pressure from activist investors. On the flip side, Tesla shares downsharply one day after the automaker's investor day. Elon Musk's "Master Plan 3" presentation was short on details about cars and finances. Also in focus:Ford U.S. auto sales surged in February, quarterly results send shares of Best Buy and Macy's in opposite directions, big tech news on the AI race, plus an update on EU regulators and the Microsoft-Activision deal.
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