Salesforce Stock (CRM)

It’s Wednesday! You can do it. It is I, Sarge. Dougie is off today and I am filling in as your tour guide. Let’s get some coffee into the system and get the blood flowing. You know what you need to do. You don’t need my boot pushing you along. There will be a lot to …

Let’s start the day with a brief discussion on the deterioration of the underlying AI fundamentals. I suspect most have seen the news per the WSJ about OpenAI’s most recent quarter being quite ugly, but you wouldn’t know this if you watch the ubiquitous and shallow daily discussions of AI and hyperscalers on Fin TV. …

Morgan Stanley cuts its Salesforce ($CRM) price target to $185 from $287. Position: None

Cramer fave Salesforce ($CRM) is -$7 lower on a brokerage price target downgrade: Doug’s Daily Diary — Monday, July 6, 2026 | TheStreet Pro Positions: None.

Monday's market advance had some conspicuous and worrisome divergences: * Market breadth was poor and leadership continued to narrow (even more noticeably than in the past few days): * The VIX strengthened to 18.38 (+1.19). * Financials were noticeably weak. Homebuilders, restaurants (Shake ...