As Workday (WDAY) prepares to report its Q1 earnings after the market close Tuesday, Larry Ellison’s assertions that his company, Oracle, is successfully challenging the No. 1 provider of human capital management software appear to be ringing hollow. Recent channel checks by analysts seem to indicate that Workday continues to gain share on rivals Oracle (ORCL), and SAP (SAP), as the two legacy business software leaders scramble to move more of
Salesforce.com leveraged its fast growth in the cloud and its ability to beat rivals Oracle (ORCL) and SAP (SAP) to report first-quarter earnings after the market close Wednesday. The No. 1 provider of customer relationship management software also reported an outlook for the current quarter that was ahead of views and raised its outlook for the year. Salesforce.com (CRM) stock was up more than 4% in midday trading in the stock market today, near
Salesforce.com (CRM) fell Wednesday afternoon, undercutting a recent breakout buy point before its earnings report after the close, due to key rival SAP (SAP) ruling out a takeover. Salesforce is the top provider of customer relationship management software. It competes against Oracle (ORCL), SAP (SAP) and Microsoft (MSFT), among others. On April 29, media reports said Salesforce was mulling options after receiving takeover inquiries. The stock