Clock Struck Midnight for Benioff at Salesforce, Says Wedbush's Ives

The transcript discusses the significant market drawdowns of CRM and Apple, highlighting Salesforce's challenges and the role of activist investors like Elliot in driving margin improvements. It emphasizes the strong position of Salesforce despite recent underperformance in cloud stocks. The discussion extends to potential investment opportunities in software and chip sectors, with a focus on M&A, buybacks, and dividends, suggesting a bullish earnings setup in the tech landscape.

What percentage did CRM fall from its peak?

• 51%

• 30%

• 24%

• 50%

What was the market reaction to Elliot's investment in Salesforce?

• Shares rose by 4.4%

• Shares remained unchanged

• Shares rose by 10%

• Shares fell by 4.4%

Which sectors are likely to see more activist investor activity according to the transcript?

• Software and Chips

• Retail and Banking

• Automotive and Real Estate

• Healthcare and Energy

What opportunities are being created in the tech industry according to the final section?

• Increased hiring

• More buybacks and dividends

• Higher taxes

• Reduced innovation

Since when has the tech landscape been underinvested, as mentioned in the transcript?

• 2018

• 2015

• 2009

• 2012