DOCU News & Events

Salesforceis scheduled to report results of its first fiscal quarter after the market close on Wednesday, May 27, with a conference call scheduled for 5:00 pm ET. What to watch for:GUIDANCE:Along with its fourth quarter earnings report, Salesforce guided to FY27 adjusted earnings per share of $13.11-$13.19 on a revenue of $45.8B-$46.2B, which compared to analyst estimates of $13.12 and $46.01B, respectively, at the time of the report. Consensus for EPS has since risen to $13.23, while estimates for revenue have jumped to $46.11B. The company also provided Q1 EPS guidance of $3.11-$3.13 on revenue of $11.03B-$11.08B. Consensus for earnings, which was at $3.01 at the time, has increased to $3.13, and consensus for revenue, which was at $10.98B, has risen to $11.06B.PARTNERSHIPS, FEATURES:In February, GoDaddyannounced an integration with Salesforce's MuleSoft Agent Fabric. In March, the company and Formula 1announced the launch of a new fan companion agent to scale and personalize engagement for F1's 827M global fans. Salesforce also announced in March the U.S. Department of Labor has modernized its National Contact Center with Salesforce and was rolling out Agentforce to provide more personalized support. The company also reported the deployment of a new agentic operating system to simplify incident response and improve Veteran care across its more than 150 Department of Veterans Affairs medical and outpatient centers. Additionally in March, Bandwidthannounced it had partnered with the newly launched Agentforce Contact Center. Docusignalso announced a new integration with Slack, which brings its Intelligent Agreement Management platform directly into Slackbot. In April, Salesforce announced an expanded collaboration with Engine. Additionally in April, Google Cloudand the company announced an expanded partnership enabling AI agents to execute end-to-end workflows across both platforms by solving the long-standing challenge of fragmented data and disconnected systems. Unisyshas announced an expansion of its collaboration with Salesforce to strengthen the delivery of its on-site technology support.ACQUISITIONS:In February, Salesforce announced it had signed a definitive agreement to acquire Cimulate. The company said, "The acquisition will strengthen Salesforce's investment in Agentforce Commerce by accelerating improvements to search and discovery, helping retailers deliver more personalized, contextual, and conversational shopping experiences." Salesforce completed its acquisition of Cimulate on March 3.The company also announced in February a definitive agreement to acquire Momentum, a conversational insights and revenue orchestration platform. The company said, "The acquisition will extend the ability of Agentforce 360 and Slackbot to ingest and analyze unstructured data from third-party video channels and apply those insights directly to agentic workflows." Salesforce completed its acquisition of Momentum on March 2.ANALYST VIEWS:Deutsche Bank expects Salesforce to report a "seasonally slow but steady" start to fiscal 2027. It believes the company will likely meet "muted" fiscal Q1 expectations amid a "tenuous backdrop" for software-as-a-service. Deutsche's field conversations leave it expecting less upside to Salesforce's key metrics relative to recent quarters. The earnings report is unlikely to bring meaningful estimate revisions which "is required to sway sentiment and catalyze the stock," the analyst said. The firm has a Buy rating on the shares with a $255 price target.Meanwhile, BofA reinstated coverage of Salesforce with an Underperform rating and $160 price target. Salesforce remains "a deeply entrenched platform," but the firm expects a structural reset driven by AI transition, the analyst said. This raises three core concerns, namely muted net new customer additions, limited upsell potential, and an "underwhelming" AI monetization pathway, the analyst added.Citi lowered the firm's price target on Salesforce to $188 from $200 and kept a Neutral rating on the shares ahead of the Q1 report. Citi reduced its fiscal 2027 estimates towards the low end of Salesforce's outlook after its fieldwork indicated lengthening deal cycles and greater portfolio optimization at renewals.

Docusign and Legora announced a strategic partnership to integrate Legora's collaborative AI platform for legal work with the Docusign Intelligent Agreement Management platform. "The partnership connects AI-powered research, review, and drafting in Legora with Docusign's agreement workflows and agents, enabling in-house legal teams to move from first draft to completed contract within a single, connected experience across the business," the companies stated.

Galaxy Digital kicked off crypto earnings season Tuesday with a wider-than-expected Q1 loss, as a broad market selloff erased principal investment gains and compressed trading volumes across the sector. Hut 8 simultaneously priced a $3.25B investment-grade bond to fund a 245 MW AI data center, the largest single capital raise yet from the miner-to-infrastructure cohort. On the structural side, Broadridge Financial Solutions and Ondo Finance reached a milestone that custody desks have been watching closely, extending full shareholder voting rights to holders of tokenized equities for the first time. Rounding out the session, Eightco Holdings disclosed a $333M mixed digital asset treasury anchored by the world's largest known institutional Worldcoin position, and Exodus Movement revealed that U.K. receivers have been appointed over three of its subsidiaries following a $70M loan default. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.GALAXY DIGITAL Q1 MISS:Galaxy Digital(GLXY)reported a Q1 net loss of $216M, or an adjusted diluted EPS of (49c), missing the consensus estimate of (44c), as a roughly 20% drawdown in total crypto market cap compressed trading revenues and marked down principal investments, according tothe company's earnings results. The firm posted adjusted EBITDA of ($188M) and ended the quarter with $2.6B in cash and stablecoins. Despite the headline miss, Galaxy delivered its first completed data hall at the Helios campus to CoreWeave(CRWV)and disclosed ERCOT approval for an additional 830 MW at that site, pushing total approved Helios capacity above 1.6 GW.On-chain monitorstracked two Galaxy-linkedwallets depositing a combined 45,000 ether(ETH-USD)worth roughly $104M to Binance, Bybit, and OKX in staggered tranches overnight, a multi-venue distribution pattern consistent with pre-sale positioning.HUT 8 AI BOND PRICING:Hut 8(HUT)priced a $3.25B private offering of 6.192% senior secured notes due 2042, issued through subsidiary Hut 8 DC LLC, to finance construction of a 245 MW data center at its River Bend campus, with the transaction expected to close April 30, 2026, perthe company's investor relations website. The notes are structured as non-recourse to Hut 8, ring-fencing the parent from downside should the data center ramp miss contracted hyperscaler demand. At $3.25B for a single campus build, the deal is the largest disclosed capital raise from the mining-to-AI infrastructure cohort to date. The coupon at 6.192% reflects investor demand for contracted power assets at a time when grid-scale data center capacity remains constrained across ERCOT and PJM territories.BROADRIDGE TOKENIZED VOTING:Broadridge Financial Solutions(BR)announced that holders of more than 250 Ondo Finance-tokenized stocks and ETFs can now participate in proxy voting and access SEC filings through Broadridge's ProxyVote platform using Web3 wallet authentication, described as the first instance of on-chain shareholder voting rights for tokenized equities, as announced ina press release. The arrangement resolves one of the most-cited structural gaps in institutional real-world asset adoption, as tokenized equities previously could not replicate the full bundle of governance rights attached to traditional shares. The Broadridge integration means tokenized equity now carries proxy, information, and voting entitlements that are operationally equivalent to those of street-name holders, removing a key barrier that custodians and fund administrators have pointed to when evaluating whether to support real-world asset platforms.EIGHTCO MIXED ASSET TREASURY:Eightco Holdings(ORBS)disclosed total holdings of approximately $333M as of April 27, comprising a $90M indirect position in OpenAI equity through special purpose vehicles, a $25M investment in Beast Industries, 11,068 ether, 283,452,700 worldcoin(WLD-USD)tokens representing roughly 8.58% of circulating supply at 25c per token, and $121M in cash and stablecoins. The composition sets Eightco apart from single-asset crypto treasury vehicles, pairing digital asset beta with private-market exposure to OpenAI and MrBeast's media enterprise. The worldcoin position is the largest publicly disclosed institutional holding of that token globally, and management noted that World ID has seen rapid enterprise integration in recent weeks across Tinder(MTCH), Zoom(ZM), and Docusign(DOCU).EXODUS SUBSIDIARIES IN RECEIVERSHIP:Exodus Movement(EXOD)announced thatU.K. Receivers from AlixPartners have been appointedover Monavate Holdings, Monavate, and Baanx.com, three subsidiaries of W3C Corp, after W3C defaulted on a $70M secured term loan governed by English law. Exodus stated it intends to bid in the resulting sale process, meaning the company could reacquire the assets at distressed prices or lose them entirely to a third-party bidder.PRICE ACTION:As of time of writing, bitcoin was trading at $76,054.02, while ether was trading at $2,275.27,according to price data from TipRanks.