Salesforce has ‘gone on a diet’ on M&A: Analyst

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The paleo diet focuses on eating foods similar to those that humans ate before the industrialization of food. This means a lot of fresh fruits and vegetables, lean proteins, and healthy fats like coconut oil.

The plan also limits carbs and instead, emphasizes high-fiber foods that help you feel full and satisfied. A sample day might include a breakfast of bacon, eggs, and greens or salmon, zucchini noodle “pasta,” and sweet potatoes roasted with turmeric.

Salesforce’s (CRM) better-than-expected second quarter results and raised outlook send shares higher in early trading. Jefferies Senior Analyst Brent Thill says the company has trimmed some of its costs, resulting in a “material outperformance in margin.” When it comes to AI, Thills says “they’re a little behind. You’re going to see the revenue from that have a bigger impact in 2024.” Thill also highlights Salesforce cutting back on M&A. “They were hooked on a drug called M&A and they had to go to rehab,” Thill tells Yahoo Finance Live, adding that the company could make some “tactical acquisitions” to fill out its portfolio.

Source: finance.yahoo.com