Salesforce Keeps On Spending, Plus Fad-themed ETFs Shutter 8/30/23

After all that activist pressure, Marc Benioff’s M&A spending spree may seem like it’s ended – but in the past year, Salesforce has only been ramping up investments in AI startups. It’s funded at least seven, including leading a $200 million funding round for startup Hugging Face. Tonight’s numbers are set to show investors whether Benioff has more room to run, or will instead bring back more scrutiny. Plus, ETFs are closing at a record pace as niche funds targeting fads like crpyto, the metaverse, and Gen Z wane in popularity. On the flip side, the number of the less buzzy bond ETFs are soaring.

Om Podcasten

Where Silicon Valley meets Wall Street, TechCheck dives deep into stocks, trades, trends and opportunities focused on new technologies while highlighting news from mega-cap heavyweights, social media darlings, streaming giants, growth software and red-hot disruptors. Everyday TechCheck delivers investors what they need to know with compelling in-depth reporting and analysis from investors, analysts and leaders in the industry.