Software stocks tumble in sympathy as fragile market sentiment fractures again
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Jefferies on salesforce.com (CRM): 'We believe the Fin deal will help accel AI adoption in CRM's installed base'
June 15, 2026 2:12 PM EDTJefferies analyst Brent Thill reiterated a Buy rating and $250.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "We believe the Fin deal will help accel AI adoption in CRM's installed base. While Fin has been most successful among SMBs, its pivot... More
Wolfe Research on salesforce.com (CRM): 'CRM says "Fin"ish Him'
June 15, 2026 9:50 AM EDTWolfe Research analyst Alex Zukin reiterated an Outperform rating and $220.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "Salesforce announced today a definitive agreement to acquire Fin (formerly Intercom), an AI-native customer service agent company, for approximately $3.6 billion. Fin's core product is its AI Agent, which autonomously resolves complex customer queries end-to-end across every channel (live chat, email, WhatsApp, SMS, phone, Slack). The AI Agent is powered by Fin's proprietary model, "Apex," which is purposebuilt for customer support and has demonstrated strong resolution rates, with the company citing an average of 76% of... More
