$191.35
+1.38 (+0.73%)
As of Feb 12, 6:31 PM ET ·
CRM News12 articles
Adobe Shares Edge Higher Amid Broader Software Sector AI Anxiety
Adobe shares gained slightly to $263.97 on Friday but remain under pressure, down roughly 25% year-to-date as investor concerns about AI's impact on software persist.
Technology 4h ago
Salesforce Gains Ahead of Earnings as Investors Eye AI Monetization
Salesforce shares advanced as markets prepared for a holiday break, with attention turning to the company's upcoming quarterly results and AI strategy.
Earnings 4h ago
Oracle Shares Dip Despite Securing $88M Air Force Cloud Contract
Oracle stock edged lower despite announcing a major U.S. Air Force cloud contract and a CMS migration deal, as investor focus shifts to inflation data and cloud funding plans.
Technology 2d ago
IBM Shares Tumble 6.5% Amid AI Disruption Fears and Rate Cut Uncertainty
IBM stock experienced its largest single-day decline on the Dow Jones Industrial Average, dropping 6.5% as software stocks faced pressure from AI automation concerns and shifting Federal Reserve expectations.
Technology 3d ago
Salesforce Shares Drop on AI Deal and Layoff Concerns
Salesforce stock fell 4.4% in after-hours trading amid reports of workforce reductions and questions about AI investment returns. The company confirmed its acquisition of AI startup Cimulate.
Technology 3d ago
Salesforce Shares Gain Amid Reported Workforce Reduction Ahead of Earnings
Salesforce stock advanced about 1% Tuesday following reports of limited job cuts, with investors focusing on upcoming quarterly results for updates on AI strategy and cost management.
Earnings 4d ago
Salesforce Trims Workforce Amid AI Strategy Shift, Agentforce Unit Impacted
Salesforce has reduced its headcount by under 1,000 employees in early February, affecting marketing, product management, and its Agentforce AI division, according to a report.
Technology 4d ago
Salesforce Gains After Hours Amid Heroku Strategy Shift and Earnings Focus
Salesforce shares advanced 1.5% in extended trading as the company's Heroku platform shifts to a sustaining engineering model. Investors await quarterly results due February 25.
Technology 5d ago
Salesforce Shares Rebound Amid AI Spending Concerns; Super Bowl Marketing Blitz Draws Attention
Salesforce stock gained 1.6% in volatile trading as investors assess AI's impact on software models. A high-profile Super Bowl campaign with MrBeast attracted over 53 million visits.
Technology 5d ago
ServiceNow Shares Rebound Amid Software Sector Volatility
ServiceNow stock gained 2.3% as software stocks stabilized following a sharp selloff. Investors remain focused on AI's impact on software business models.
Technology 5d ago
Tech Giants' Massive AI Spending Spree Sparks Investor Concerns Over Cash Flow
Major tech firms plan over $630 billion in AI data center investments for 2026, raising fears about vanishing free cash flow and potential cuts to shareholder returns. Amazon shares fell 9% after announcing a $200 billion capex plan.
Technology 6d ago
Salesforce Recovers to $191 Amid AI Sector Rotation, Eyes Earnings
Salesforce shares stabilized at $191.35 Friday, paring weekly losses after an AI-driven selloff hit software stocks. Investors await Q4 results due Feb. 25.
Earnings Feb 8