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May 18, 2016
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here's a stock that has been roaring since we last spoke to mark benioff.t sent the stocks surging 11% the next day. as of today's close, sales force had rallied nearly 25% since that interview. and the darn thing just keeps skyrocketing higher. beating the estimates on a 23 cent basis. billings up 31%. bookings by 38%. and my favorite, operating cash flow. 43%. surpassing $1 billion for the quarter. plus, management raised the earnings forecast for the 2017 fiscal year. no wonder the stock is surging after hours trading. so let's talk with mark, the visionary founder, chairman and ceo. learn more about the quarter and what's next. welcome back to "mad money." >> great to see you. i'm going to give you your pick. you can talk about the fact that you are finally the having a $2 billion quarter. you can talk about that you raised your forecast big. or, how about this 43% year over year operating cash flow? that is cash. that's profit. i would like to start there. you can see these are record number for record quarter. it includes over $1 billion in record cas
here's a stock that has been roaring since we last spoke to mark benioff.t sent the stocks surging 11% the next day. as of today's close, sales force had rallied nearly 25% since that interview. and the darn thing just keeps skyrocketing higher. beating the estimates on a 23 cent basis. billings up 31%. bookings by 38%. and my favorite, operating cash flow. 43%. surpassing $1 billion for the quarter. plus, management raised the earnings forecast for the 2017 fiscal year. no wonder the stock is...
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May 18, 2016
05/16
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. >> mark benioff tonight. >> yes, i'm with mark benioff tonight.been recommending dominion resources, why? they have the cheapest energy, server forms get sent there. >> i know a lot of these things need to be located near hydroelectric power plants. >> ge came out yesterday talked about wind power. there's some surveys coming out about how wind power will increasingly being part of mix because the federal government keeps favoring it. we haven't talked about the tesla call today. >> not yet. >> the gold man-tesla call which is again all about alternative energy and love. >> goldman takes it to a buy, price target 2.50 and headline essentially saying price does not reflect the potential disruption, if you're a believer. >> all right. kids graduation, what do you want? what are you looking for? hoda was the fabulous commencement speaker. our own fabulous hoda. >> hoda kotb. >> and you're thinking what kind of job do they want? no, it's what kind of tesla do they want, is the model 3 good for me, is it really 30,000 -- no one's talking about waiting
. >> mark benioff tonight. >> yes, i'm with mark benioff tonight.been recommending dominion resources, why? they have the cheapest energy, server forms get sent there. >> i know a lot of these things need to be located near hydroelectric power plants. >> ge came out yesterday talked about wind power. there's some surveys coming out about how wind power will increasingly being part of mix because the federal government keeps favoring it. we haven't talked about the tesla...
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May 4, 2016
05/16
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benioff is people don't know mark he started by tweeting to try to stop an indiana law. the heat when you even mention which side he is on just distracts the point of view of what tim cook and benioff are trying to do, which is influence change and just saying it's no longer the government because the government is abdicated. when he says dysfunctional is abdicated from anything. >> howard schultz has also been quite outspoken in certain areas. >> yes, he has. >> i do wonder with some of these ceos all of whom either control their company or have significant say or incredible long string of success, but what is -- what are a board's thoughts when the ceo's out there on something? and what's the communication like? >> raises the ante. you've got to deliver the quarter so big or else why are you spending any time on that issue? >> that's what -- >> it's very interesting. remember when doug mcmillan came out i think some degree at walmart against an indiana law that i'm not going to give the specifics of because i don't want to make this about the law itself, but he joined m
benioff is people don't know mark he started by tweeting to try to stop an indiana law. the heat when you even mention which side he is on just distracts the point of view of what tim cook and benioff are trying to do, which is influence change and just saying it's no longer the government because the government is abdicated. when he says dysfunctional is abdicated from anything. >> howard schultz has also been quite outspoken in certain areas. >> yes, he has. >> i do wonder...
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May 30, 2016
05/16
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. >> and mark benioff tricks. [ inaudible ] i took the eight of clubs. it landed on your wrist.dible. a magician never tells his secrets so not exactly clear how the card got there. we will try and track down the information. >> we are coming become with a full 90 minutes of news including the big ballot "oops >> live from the kgo-tv broadcast center this is abc7 news >>> glad you are here on this holiday. i am natasha zouves. >> i am reggie aqui. >> it is monday, may 30, memorial day. now a check on weather and traffic. mike? >> good morning, guys, nice to see both of you. live doppler hd is showing if you want coolness, happy to see the clouds along the coast. that is where we will have 60s today. the rest of the us are going to be warmer-than-average. you can see the clouds spilling across the bay from the sutro tower but notice how low they are, below the sutro tower they will go away quickly, and here are the day planner. 60s at the coast, 74 at noon, to 84 inland. look at 82 around the bay by 4:00, and 90s inland, and temperatures in the 50s at the cost by 7:00, the rest o
. >> and mark benioff tricks. [ inaudible ] i took the eight of clubs. it landed on your wrist.dible. a magician never tells his secrets so not exactly clear how the card got there. we will try and track down the information. >> we are coming become with a full 90 minutes of news including the big ballot "oops >> live from the kgo-tv broadcast center this is abc7 news >>> glad you are here on this holiday. i am natasha zouves. >> i am reggie aqui. >>...
SFGTV: San Francisco Government Television
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May 31, 2016
05/16
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doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioff in the salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of trauma happening in their lives that makes this transformers even bigger challenge because of the environment they live in this program 2k4rib8 wraechz those kids that's why it is important to be part of 24 i want to i have to tell you 3 part is what i believe in i believe in that everyone has a chance to do just like all of the employers and supervisors and ceo's in this room today to remember that time of your first job and to help our youth create that situation for themselves this will give us benefits for generations to come it will help me run this city and manage had this city knowing we're bu
doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioff in the salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a...
SFGTV: San Francisco Government Television
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May 23, 2016
05/16
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doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of trauma happening in their lives that makes this transformers even bigger challenge because of the environment they live in this program 2k4rib8 wraechz those kids that's why it is important to be part of 24 i want to i have to tell you 3 part is what i believe in i believe in that everyone has a chance to do just like all of the employers and supervisors and ceo's in this room today to remember that time of your first job and to help our youth create that situation for themselves this will give us benefits for generations to come it will help me run this city and manage had this city knowing we're buildi
doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of...
SFGTV: San Francisco Government Television
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May 28, 2016
05/16
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doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffn the salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of trauma happening in their lives that makes this transformers even bigger challenge because of the environment they live in this program 2k4rib8 wraechz those kids that's why it is important to be part of 24 i want to i have to tell you 3 part is what i believe in i believe in that everyone has a chance to do just like all of the employers and supervisors and ceo's in this room today to remember that time of your first job and to help our youth create that situation for themselves this will give us benefits for generations to come it will help me run this city and manage had this city knowing we're buil
doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffn the salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot...
SFGTV: San Francisco Government Television
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May 24, 2016
05/16
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doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of trauma happening in their lives that makes this transformers even bigger challenge because of the environment they live in this program 2k4rib8 wraechz those kids that's why it is important to be part of 24 i want to i have to tell you 3 part is what i believe in i believe in that everyone has a chance to do just like all of the employers and supervisors and ceo's in this room today to remember that time of your first job and to help our youth create that situation for themselves this will give us benefits for generations to come it will help me run this city and manage had this city knowing we're buildi
doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of...
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May 2, 2016
05/16
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these are guys i never want to get in a cross-between mark ellison and benioff.t to ever get on larry ellison's bad side. why is that? self-preservation. >> kind of like the kevin knight -- >> don't want to do that either. these are the war between the states, so to speak. and i just think that these guys are all -- they all want to win. they all want to win so badly. you know what, i respect what oracle's doing because this is another acquisition. this one is from the utilities industry. you got to pay attention to these. i was skeptical at one point how much -- you can't be skeptical and make acquisition every other week. wow. >> with all that, dow's up a little more than 49 points. let's get to dominic chu on the floor. >> good morning, carl. just about flat right now so the market is in the churn. let's talk about the stories you've been hitting on post six here imc this is where baker hughes trades, it's up about a couple of percent right now. so on the heels of that failed merger attempt between halliburton and them. if you look over here this is the first
these are guys i never want to get in a cross-between mark ellison and benioff.t to ever get on larry ellison's bad side. why is that? self-preservation. >> kind of like the kevin knight -- >> don't want to do that either. these are the war between the states, so to speak. and i just think that these guys are all -- they all want to win. they all want to win so badly. you know what, i respect what oracle's doing because this is another acquisition. this one is from the utilities...
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May 19, 2016
05/16
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doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of trauma happening in their lives that makes this transformers even bigger challenge because of the environment they live in this program 2k4rib8 wraechz those kids that's why it is important to be part of 24 i want to i have to tell you 3 part is what i believe in i believe in that everyone has a chance to do just like all of the employers and supervisors and ceo's in this room today to remember that time of your first job and to help our youth create that situation for themselves this will give us benefits for generations to come it will help me run this city and manage had this city knowing we're buildi
doing this and i'll be the first one to say we're investing in our public education i've got a mark and benioffthe salesfroce fungi and the entire chamber of commerce embracing our schools so the consisted can have that skill set and get to work with department leaders openly up to challenge i kids are at-risk and this particular program of job plus youth deliberately reaches to those kids that have more barriers than others who have come from economically challenged community who have a lot of...
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May 26, 2016
05/16
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benioff. i had a raspy voice that day. mark did not answer it. i had to answer it again after the tea.he first answer was ambiguous. i couldn't talk. i shouldn't have been at work. i should have been at home and i should have been having chicken soup and my wife should have -- because of that they said it was a sell. everyone else made tens of thousands and i got a hack. you think i'm a good businessman? i'm an idiot. >> you were an idiot on that one. >> you didn't have to verify that. >> you could still be getting residual checks. i get them on wall street, too. >> if they had made it with louis c.k., i would have gone into it. >> take a look on futures. looks like they we are at least going to start off with another positive session. more "squawk on the street" right after this. everybody knows that business today is built on data. the thing is, most businesses aren't getting the most out of it. the ibm cloud is uniquely designed for all kinds of data. like data from the weather company for 2.2 billion locations. or billions of health-related data points. even social sentiment in rea
benioff. i had a raspy voice that day. mark did not answer it. i had to answer it again after the tea.he first answer was ambiguous. i couldn't talk. i shouldn't have been at work. i should have been at home and i should have been having chicken soup and my wife should have -- because of that they said it was a sell. everyone else made tens of thousands and i got a hack. you think i'm a good businessman? i'm an idiot. >> you were an idiot on that one. >> you didn't have to verify...