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☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Apple, AbbVie, Chevron, Krispy Kreme, Roku and more
▼ + stars: | 2023-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Eastman Chemical to overweight from neutral JPMorgan said it sees an earnings rebound for Eastman Chemical. Bank of America reiterates Roku Bank of America said it's standing by its buy rating heading into earnings later this week. JPMorgan downgrades Olin to neutral from overweight JPMorgan downgraded the chemical company citing concerns about reduced product demand. " JPMorgan downgrades Valley National to neutral from overweight JPMorgan downgraded the regional bank mainly on valuation. Bank of America initiates Cooper Companies as buy Bank of America said the contact lens company is well positioned. "

Persons: Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's, Pinterest, Raymond James downgrades, Raymond James, TD Cowen, Decker, Baird downgrades Datadog, Baird, JPMorgan downgrades Newell, JPMorgan downgrades Olin, Olin, Harris, Hess, Truist, Piper Sandler, Piper, Oppenheimer, Goldman Sachs, Okta, Goldman, Wolfe Organizations: JPMorgan, Eastman Chemical, Barclays, Bank of America, Roku Bank of America, Apple, Citi, Raymond James downgrades Cisco, Cisco, Stanley Black, JPMorgan downgrades, JPMorgan downgrades Newell Brands, Newell Brands, UBS, East West Bancorp, Chevron, of America, Cooper Companies, Microsoft, MSFT, Deutsche Bank, Nvidia, Deutsche, Broadcom Locations: China, Okta

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Meta, Utz, Roku, Walgreens, Spotify & more
▼ + stars: | 2023-10-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bernstein upgrading Spirit AeroSystems to outperform from market perform Bernstein said it's bullish on the company's turnaround opportunity. Evercore ISI adds a tactical outperform on Roku Evercore said it sees an attractive entry point for the stock. Evercore ISI reiterates Meta as outperform Evercore said Meta estimates seems reasonable heading into earnings later this week. JPMorgan upgrades Walgreens to overweight from neutral JPMorgan said Walgreens shares are in a "new era." Stephens upgrades Utz to overweight from equal weight Stephens said it sees an attractive entry point for Utz shares.

Persons: TD Cowen, Bernstein, it's bullish, Pat Shanahan, Evercore, hasn't, Piper Sandler downgrades Salesforce, Piper, Wells, Stifel, William Blair, Tim Wentworth, Moffett, Stephens, Morgan Stanley, Apple, Max Organizations: Spotify, Citi, Diamondback Energy, Diamondback, HSBC, Marriott, Bank of America, Alcoa, 2024E, Edison, UBS, Waste Management, Republic Services, Amazon, JPMorgan, Walgreens, WBA, Apple Locations: OKTA, PCG, OW, Wells Fargo

☆ Stocks making the biggest moves premarket: Chevron, Apple, Walgreens Boots Alliance and more
▼ + stars: | 2023-10-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Chevron , Hess — Chevron shares slumped more than 2% after the oil giant said its buying smaller rival Hess in an all-stock deal totaling $53 billion, or $171 a share. Hess shares moved slightly higher. Walgreens Boots Alliance — The pharmacy operator rose nearly 3% after JPMorgan upgraded Walgreens Boots Alliance shares to overweight from neutral. Salesforce — The software giant lost nearly 2% after Piper Sandler downgraded shares to neutral from overweight, citing heightened execution and M & A risks. Bank of America downgraded Alcoa to a neutral rating and slashed its price target, citing concerns of a near-term earnings decline.

Persons: Hess, Stonepeak, Piper Sandler, Roche, —, Jesse Pound Organizations: Hess, Chevron, Apple, Global Times, Walgreens, Alliance, JPMorgan, Roivant Sciences, Pfizer, Telavant Holdings, Citi, Evercore, Alcoa, Bank of America Locations: Chevron, China

☆ Stocks making the biggest moves midday: Chevron, Okta, Walgreens, Spirit AeroSystems and more
▼ + stars: | 2023-10-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Chevron — Chevron shares fell 3% after the energy giant agreed to buy Hess in a $53 billion all-stock deal , or $171 per share. Walgreens Boots Alliance — Shares popped 5.4% on Monday after JPMorgan upgraded shares to overweight from neutral and raised its price target. Beauty — Shares added 5% after Raymond James upgraded shares to strong buy from outperform in a Monday note. Spirit AeroSystems — The aerospace company's shares gained 4.8% after Bernstein raised its rating on shares to outperform from market perform. FMC Corp — The insecticide company's shares tumbled 12% after FMC issued third-quarter guidance that's lower than what it originally called for.

Persons: Hess, Okta, Pinterest, Raymond James, Olivia Tong, Tong, Bernstein, Pat Shanahan, EngageSmart, Stonepeak, CNBC's Pia Singh, Samantha Subin, Alex Harring, Sarah Min Organizations: Chevron — Chevron, Chevron, Exxon Mobil, Natural Resources, Citi, Evercore, Stifel, Walgreens, JPMorgan, Vista Equity Partners, Textainer, Clean Holdings, FMC Corp, FMC Locations: Guyana, U.S, America

☆ Okta cybersecurity breach wipes out more than $2 billion in market cap
▼ + stars: | 2023-10-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems Friday. Okta is a lesser-known name but forms a critical part of cybersecurity systems at major corporations. Zoom , for example, uses Okta to give "seamless" access through a single login to the company's Google Workspace, ServiceNow , VMware and Workday platforms. At least one of those clients said it had alerted Okta about a potential breach weeks earlier. In a separate post Friday, privately held identity management firm BeyondTrust said it had told Okta's security teams about suspicious activity in BeyondTrust's own Okta systems on Oct. 2.

Persons: Okta, BeyondTrust, Okta didn't Organizations: VMware Locations: Las Vegas

☆ Okta shares fall 11% after company says client files were accessed by hackers via its support system
▼ + stars: | 2023-10-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Shares of cybersecurity firm Okta closed down 11.5% after the company said an unidentified hacking group had accessed files that "certain Okta customers" had uploaded to Okta's support system. Okta said the hackers were able to access the system using a stolen credential. Some of the largest companies in the world use Okta to streamline their login and identity management systems, including FedEx and Zoom , according to the company. The breach disclosed Friday does not impact client systems, just a support platform Okta uses to help its clients diagnose issues. "We have notified impacted customers and taken measures to protect all our customers," the company said.

Persons: Okta Organizations: FedEx

☆ Software firm Okta's shares slump on cyber breach
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsOct 20 (Reuters) - Okta (OKTA.O) on Friday disclosed a breach of its customer support system that allowed some hackers to view files uploaded by certain clients, pushing the software company's shares down about 12%. "Okta security has identified adversarial activity that leveraged access to a stolen credential to access Okta's support case management system," Chief Security Officer David Bradbury said in a blog. The company said its support case management system was different from production Okta service, which was fully operational and was not impacted. Okta shares ended down 11.6% at $75.57. Reporting by Yuvraj Malik in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, David Bradbury, Okta, Yuvraj Malik, Sriraj Organizations: REUTERS, Microsoft, Thomson Locations: San Francisco, Bengaluru

☆ Okta's support system breached using stolen credentials
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOkta's support system breached using stolen credentialsCNBC's Steve Kovach joins 'Closing Bell' to report on Okta as the company's stock plunged following the news that an unidentified hacker had accessed their support system.

Persons: Steve Kovach

☆ Jim Cramer sees a bull market in cybersecurity
▼ + stars: | 2023-10-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Despite recent market weakness in several sectors, CNBC's Jim Cramer said he sees a bull market in cybersecurity. "You always want to buy the stocks of companies in industries where demand is most rabid," Cramer said. MGM , Caesars , Johnson Controls and Clorox have faced recent hacks. Clorox took a huge earnings hit due to processing delays and product outages, Cramer noted. To Cramer, cybersecurity companies such as Palo Alto Networks , CrowdStrike , Okta and Zscaler may be very valuable with businesses willing to pay high prices to protect against hackers.

Persons: Jim Cramer, Cramer, Clorox Organizations: U.S . Securities, Exchange Commission, MGM, Caesars, Johnson, Palo Alto Networks Locations: cybersecurity

☆ Goldman Sachs adds Nvidia to its October 'conviction list'
▼ + stars: | 2023-10-02 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Nvidia has been the market leader this year, and Goldman Sachs expects it to maintain that position going forward. It has a buy rating and a price target of $605, implying upside of 39%. NVDA YTD mountain Monster year for NVDA The bank also added IT stock Okta and Cintas to its list, while removing Salesforce and Johnson Controls . Goldman has a $100 price target on Okta, implying shares could gain roughly 22.7% from Friday's close. For uniform provider Cintas, Goldman said thinks the company's organic growth has structurally reset higher than pre-Covid levels, driven by volumes and growing opportunity in delivering uniforms into the healthcare vertical.

Persons: Goldman Sachs, Goldman, Okta, — CNBC's Michael Bloom Organizations: Nvidia, Johnson Controls, Bank of America Locations: Friday's

☆ Jim Cramer's week ahead: Focus on September jobs report
▼ + stars: | 2023-09-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer said next Friday's nonfarm payrolls — the employment data over the past month — may decide if October will see a market rally. On Tuesday, spice and flavor manufacturer McCormick will report earnings, and beverage company Molson Coors will have an analyst meeting. Cramer said the tech company is coming off the report of a great quarter and forecast, and he thinks the stock could have more room to run. Cramer again emphasized Friday's labor report, saying in order to have a "strong October," the nonfarm payrolls need to show some slack in the workforce. Cramer noted the jobs report will not come out if the government shuts down.

Persons: CNBC's Jim Cramer, Cramer, Kellogg, WK Kellogg, McCormick, Okta, we'd, Jay Powell Organizations: Labor, Molson Coors, Dell, Federal Reserve, Fed

The FBI is investigating the MGM and Caesars breaches, and the companies did not comment on who may be behind them. In some cases - Mandia did not say which ones - hackers tied to Scattered Spider placed bogus emergency calls to summon heavily armed police units to the homes of executives of targeted companies. ALPHV, which according to Mandiant is a "ransomware-as-a-service", would provide services such as a helpdesk, webpage and branding, and in turn get a cut of whatever Scattered Spider would make from the hack. While many ransomware attacks go unpublicised, the MGM hack was a vivid example of the real-world impact of such incidents. Ransomware gangs often function like large organizations, and continue to evolve their methods to adapt to the latest security measures organizations use.

Persons: Bridget Bennett, helpdesk, they’d, Wendi Whitmore, Adam Meyers, it's, Kevin Mandia, Mandiant, Reuters couldn't, CrowdStrike's Meyers, helpdesks, David Bradbury, they've, Bradbury, ALPHV, Okta's Bradbury, Whitmore, Zeba Siddiqui, Raphael Satter, Chris Sanders, Claudia Parsons Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, Alto Networks, Caesars Entertainment, FBI, Caesars, Google, Reuters, Microsoft, British, Thomson Locations: Las Vegas , Nevada, U.S, WASHINGTON, Canada, Japan, United States, reassign, Las Vegas, San Francisco, New York

☆ Salesforce gave former employees stuffed toys wearing boomerang shirts as the company seeks to bring back ex-staff amid a hiring drive
▼ + stars: | 2023-09-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Salesforce held an alumni event last week with 50 former executives who were gifted with stuffed animals. The company is encouraging former executives to "boomerang" amid a hiring drive. Salesforce recently announced plans to hire 3,000 people despite brutal layoffs earlier this year. Kelman, who left the company in 2011 for leadership stints at the likes of Amazon Web Services and Oracle, said it was "good timing," and rejoined as president and chief marketing officer. Salesforce said it is hiring 3,300 employees across sales, engineering, and its data cloud product teams to help grow its artificial intelligence business last week, per Bloomberg.

Persons: Salesforce, Marc Benioff, Kendall Collins, he's, Collins, Ariel Kelman, Kelman, Miguel Milano, Celonis, Brian Milham, Katie Kutzer, David Winslow, Craig Shull, Steve Fisher, Dean Robison Organizations: Service, CNBC, Bloomberg, Amazon Web Services, Oracle Locations: Wall, Silicon, San Francisco, Salesforce, Madrid

☆ Hackers who breached casino giants MGM, Caesars also hit 3 other firms, Okta says
▼ + stars: | 2023-09-19 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +3 min

David Bradbury, chief security officer of the identity management company Okta, said five of the company's clients, including MGM and Caesars, had fallen victim to hacking groups known as ALPHV and Scattered Spider since August. In an interview with Reuters, Bradbury didn't name the other companies, but said Okta was cooperating with official investigations into the breaches. "We've seen consistently over the past six to 12 months, a ramp up in these types of attacks," Bradbury said. Bradbury said the group had breached into MGM and obtained access to its Okta client, which allowed it further access to more credentials in the identity management firm's system. Bradbury said Mandiant's description of the group's tactics aligned with what Okta had observed in the recent hacks.

Persons: Bridget Bennett, David Bradbury, Bradbury didn't, Okta, Bradbury, We've, ALPHV, Google's, Zeba Siddiqui, Michael Perry Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, MGM Resorts International, Caesars Entertainment, Caesars, Reuters, Google's Mandiant Intelligence, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Macau, San Francisco, United States

☆ The Okta system was not breached in the recent casino cyberattacks, says CEO Todd McKinnon
▼ + stars: | 2023-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Okta system was not breached in the recent casino cyberattacks, says CEO Todd McKinnonOkta Co-Founder and CEO Todd McKinnon joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the recent cyberattacks on casinos, corporate partnerships and more.

Persons: Todd McKinnon Okta, Todd McKinnon, Jim Cramer

☆ Okta CEO on MGM breach: Companies are under 'massive attack from cybercriminals'
▼ + stars: | 2023-09-15 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Okta CEO Todd McKinnon told CNBC's Jim Cramer on Friday that all companies are under attack from cybercriminals. McKinnon explained he would not comment publicly on the ongoing issue, but said the company is working with MGM. "Okta customer or not," he said, "they're all under massive attack from cybercriminals. The amount that cybercriminals can gain from attacking companies and organizations and governments is super high. So one of the things that we pride ourselves at Okta is working very closely, collaborating with everyone in the ecosystem," he said.

Persons: Todd McKinnon, CNBC's Jim Cramer, McKinnon Organizations: MGM Resorts, MGM Locations: cybercriminals

☆ Okta CEO Todd McKinnon goes one-on-one with Jim Cramer
▼ + stars: | 2023-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Okta CEO Todd McKinnon goes one-on-one with Jim CramerOkta Co-Founder and CEO Todd McKinnon joins 'Mad Money' host Jim Cramer to talk quarterly earnings, the recent cyberattacks on casinos, corporate partnerships and more.

Persons: Todd McKinnon, Jim Cramer Okta, Jim Cramer

The cybercrime group has made a ransom demand to MGM as well, those sources told CNBC's Contessa Brewer. The 8-K report, similar to one filed by MGM Resorts on Wednesday, acknowledges the hack as a material event. The cybercrime group demanded a $30 million ransom from Caesars, but the company ultimately agreed to pay about half that, sources said. Bloomberg previously reported the ransom and that the same group is behind the attacks on both companies. It wasn't immediately clear why Caesars delayed filing the report disclosing the hack and ransom for weeks.

Persons: CNBC's Contessa Brewer, Charles Carmakal Organizations: Caesars, CNBC, MGM, U.S . Securities, Exchange, MGM Resorts, Google, Bloomberg, vx, Twitter, Security, SEC Locations: United States, Twilio

☆ One of the most successful VCs in cybersecurity, Ted Schlien, names 3 new trends to watch
▼ + stars: | 2023-09-07 | by ( Julie Bort | ) www.businessinsider.com time to read: +5 min

One of Kleiner Perkins longest-serving investors quietly launched a firm to specialize in security startups. Schlein sees three big new security markets, including an area he's "most scared about." That's partly because strong security startups tend to command higher-than-typical prices when acquired, Schlein says. Security startup trendsSchlein says he currently sees three big trends for next-gen cybersecurity startups. While at Kleiner, Schlein backed startup Apurio, and wrote a check at Ballistic for ArmorCode.

Persons: Kleiner Perkins, Ted Schlein, Schlein, It's, he's Organizations: Ballistic Ventures, Symantec, Security, Companies, Cequence, IT, Software, Hewlett, Packard, ArmorCode Locations: Kleiner

CrowdStrike shares rose as much as 10.2% to $164.41 on Thursday and was last trading at $162, up 8.59%. Okta's shares rose 17.6% to $86.50, their highest level since May. Other cybersecurity firms were also trading higher, buoyed by CrowdStrike and Okta. Multiple analysts raised their price target for the shares of CrowdStrike and Okta in reaction to the news. Austin, Texas-based CrowdStrike delivers cloud-based cybersecurity protection through its Falcon platform that is used by many large U.S. companies.

Persons: Dado Ruvic, CrowdStrike, Okta, Chibuike Oguh, Lance Tupper, Mark Porter Organizations: REUTERS, CrowdStrike Holdings, Okta Inc, Wall, Zscaler Inc, Nasdaq, Palo Alto Networks, Thomson Locations: CrowdStrike, Austin , Texas, U.S, San Francisco, New York

☆ Stocks making the biggest premarket moves: Dollar General, Salesforce, Palantir and more
▼ + stars: | 2023-08-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Check out the companies making the biggest moves before the bell:Dollar General — The discount retailer tumbled 15.3% after reporting second-quarter earnings per share of $2.13, missing the StreetAccount consensus estimate of $2.47. Revenue also missed, coming in at $9.80 billion versus the $9.93 billion expected. Campbell Soup — Shares added about 1% after the company reported revenue of $2.07 billion, beating the $2.06 billion expected from analysts polled by Refinitiv. Second-quarter adjusted earnings per share came in at 31 cents, versus the 22 cents expected from analysts polled by Refinitiv. However, its revenue guidance for the third quarter of $2.74 billion to $2.76 billion fell short of the $2.79 billion expected from analysts, per StreetAccount.

Persons: Campbell, Shopify, Morgan Stanley, Salesforce, Goldman Sachs, Cronos, Tilray, Okta, SkyWest, Raymond James, Refinitiv, —, Jesse Pound, Alex Harring Organizations: Revenue, Refinitiv, UBS — U.S, UBS, Cronos, Tilray, U.S . Department of Health, Human Services, Arista Networks, Citi, Arista, postmarket Locations: Austin , Texas, Swiss

☆ Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more
▼ + stars: | 2023-08-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Salesforce — The cloud software company saw its stock jump 3% after it announced quarterly results and guidance that surpassed Wall Street's expectations. Dollar General — The discount retail chain plunged 12.2% Thursday after reporting second-quarter earnings per share of $2.13, which was lower than the StreetAccount consensus estimate of $2.47. Ciena — The network equipment stock surged nearly 16% after topping Wall Street's fiscal third-quarter earnings expectations on the top and bottom lines. Okta — Okta shares surged 13.5% after the access management company topped analysts' second-quarter earnings expectation and issued a strong full-year outlook. Victoria's Secret — The intimate apparel stock popped nearly 7% even after missing second-quarter earnings expectations on both the top and bottom lines.

Persons: Salesforce, Marc Benioff, CrowdStrike, Ciena, Morgan Stanley, Shopify, StreetAccount, Chewy, UGI, Raymond James, —, Macheel, Sarah Min, Yun Li, Alex Harring, Michelle Fox, Pia Singh, Jesse Pound Organizations: Aphria Inc, U.S . Department of Health, Human Services, Tilray Brands, Cronos, Revenue, Technologies, Arista Networks, Citi, Refinitiv, StreetAccount, Signet, UBS — U.S, Suisse Locations: Leamington , Ontario, Switzerland

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Amazon, Palantir, Exxon, Salesforce & more
▼ + stars: | 2023-08-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating on the Salesforce after its earnings report on Wednesday. JPMorgan initiates Establishment Labs as overweight JPMorgan said in its initiation of the med tech company that Establishment Labs has a "unique offering." JPMorgan initiates MP Materials as overweight JPMorgan said in its initiation of the rare-earths materials company that it sees "solid demand growth." JPMorgan downgrades Hostess Brands to neutral from overweight JPMorgan downgraded the stock mainly on valuation. Redburn Atlantic upgrades Exxon to neutral from sell Redburn upgraded the stock mainly on valuation.

Persons: Evercore, Morgan Stanley downgrades Palantir, Morgan Stanley, Goldman Sachs, Goldman, it's, Salesforce, Rosenblatt, Wells, VSCO, Uber, Raymond James, it's bullish, Truist, Canaccord Organizations: BMO, Civitas Resources, Apple, Amazon, Shopify, " Bank of America, Nvidia, Bank of America, JPMorgan, Labs, Materials, Citi, Arista Networks, Arista, Evercore, JPMorgan downgrades Hostess Brands, Exxon, ExxonMobil Locations: United States, Sell

☆ These are the top 10 things to watch in the stock market Thursday
▼ + stars: | 2023-08-31 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Our top 10 things to watch Thursday, Aug. 31 1. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Marlena Sloss | Bloomberg | Getty ImagesOur top 10 things to watch Thursday, Aug. 31

Persons: we're, OKTA, CRWD, Stanley Black, Decker, Nvidia's, Jim Cramer's, Jim Cramer, Jim, Jan, Marlena Sloss Organizations: Broadcom, Dollar, Costco, UBS, Management, Nvidia, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Washington, San Francisco

☆ Salesforce CEO Marc Benioff thanked 'boomerang' employees for the company's turnaround
▼ + stars: | 2023-08-30 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +3 min

CEO Marc Benioff thanked "boomerangs," employees who left and came back, for the fast-tracked growth. Salesforce overachieved its profit margin goals in the second quarter, earlier than planned for — and CEO Marc Benioff says "boomerang" employees played a big part in the results. Three high-profile Salesforce boomerangs have re-joined the company in recent months: president and chief revenue officer Miguel Milano, chief marketing officer Ariel Kelman, and chief business officer and chief of staff to Marc Benioff, Kendall Collins. Collins worked for Salesforce from 2004 to 2012, leaving as executive vice president of Salesforce Cloud. Over the last decade, he has worked in various roles across the tech industry, most recently as chief marketing officer of Okta.

Persons: Marc Benioff, boomerangs, Benioff, Salesforce, It's, Miguel Milano, Ariel Kelman, Kendall Collins, Milano, Celonis, Kelman, Collins, Ellen Thomas Organizations: —, Salesforce International, Oracle, Amazon Web Services, AWS, Salesforce, ethomas Locations: Salesforce

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