Market Update News

Salesforce Shares Plunge on Weak Forecast and Revenue Miss

U.S. futures dipped on Thursday amid concerns over weak Treasury sales and potential Federal Reserve interest rate cuts. Salesforce shares fell after its second-quarter forecast missed estimates, while activist investor Nelson Peltz sold his Disney stake following a failed proxy battle. UBS reshuffled its leadership team, and crude prices declined despite a significant draw in U.S. oil inventories.