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CRM News30 articles
Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales
House filings show Pelosi family retains major positions in top tech stocks despite recent large sales, as semiconductor gains boost Nasdaq.
Technology
Salesforce Shares Slide Despite Record Revenue as AI Monetization Concerns Persist
Salesforce shares dropped 1.8% to $152.21, even after record revenue and strong AI sales, as investors worry that new AI agents could undermine its core subscription model and pressure margins.
Markets
ServiceNow Plunges as Software Stocks Sink on Hawkish Fed Outlook
ServiceNow shares plunged nearly 6% as software stocks sank on hawkish Fed rate concerns, despite a price target hike to $130 from Benchmark.
Markets
Dow Plunges 506 Points as Fed Holds Rates, Signals Tighter Policy
The Dow dropped 506 points after the Fed held rates steady but raised its 2026 median rate forecast to 3.8%, signaling tighter policy. May retail sales rose 0.9%.
Markets
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Technology
Dow Jones Hits New Peak; Tech Dips as Fed Meeting Looms
The Dow Jones Industrial Average hit a new record high, while the S&P 500 and Nasdaq slipped as technology stocks lost steam ahead of the Federal Reserve's pivotal policy decision.
Markets
Dow Rebounds 930 Points as Oil Plunges After Trump Halts Iran Strikes
The Dow surged 930 points as oil prices dropped sharply after President Trump called off planned strikes on Iran, soothing geopolitical fears. Honeywell, Boeing, and Caterpillar led the gains.
Markets
Freshworks Holds Steady as AI Restructuring Test Looms in Q2
Freshworks shares held flat near $9.39 on heavy volume, as investors weigh AI restructuring costs and Freshservice focus ahead of Q2 results.
Technology
Nasdaq Drops 1.2% as Tech Selloff Widens; Dow Flat
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors sold AI and chip shares ahead of key inflation data and after President Trump called for a response to Iran.
Markets
Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny
Salesforce has cut an additional 86 roles across key units as it pushes into AI agents, with shares falling 4.6% amid questions over its traditional software model.
Technology
Wall Street Slumps as Oil Surge, Rising Yields Spark Broad Selloff
The Dow fell 582 points as oil prices surged near $100 and Treasury yields climbed, triggering a broad market selloff. IBM and Salesforce were the biggest drags, while AI chip stocks showed resilience.
Markets
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
Technology
Oracle's $50B Infrastructure Push Raises Cash Flow Worries
Oracle shares fell 5.4% amid worries over $50B in planned capex and negative free cash flow, as investors eye the $553B AI backlog ahead of Q4 earnings.
Earnings
Dow Edges Higher as AI Optimism Offsets Inflation Jitters
The Dow Jones gained 149 points on Tuesday, propelled by AI enthusiasm that outweighed inflation and rate worries. Investors now look to Friday's payrolls for direction.
Markets
Gaxos.ai Surges 57% on AWS Investment in AI Sales Platform
Gaxos.ai shares surged 57% to $1.87 on record volume after AWS disclosed further investment in its AI sales-coaching platform, though deal specifics remain undisclosed.
Technology
Dow Holds Near Highs as AI Rally Splits Winners and Losers
HPE and Marvell lead AI rally; Alphabet falls on $80B equity sale for AI infrastructure. Dow inches higher as investors weigh spending against returns.
Markets
ServiceNow Retreats in Premarket After AI-Driven Rally
ServiceNow shares fell 2.17% in premarket trading Tuesday after a 9.24% surge Monday fueled by Nvidia's AI chip launch. The company reported strong Q1 results but faces margin headwinds from acquisitions and delayed Middle East contracts.
Markets
UiPath Stock Jumps on AI-Driven Growth, Analysts Remain Wary
UiPath shares jumped 11.77% on Monday after Q1 revenue rose 17% to $418 million and guidance improved, but analysts stayed cautious on growth and competition.
Earnings
ServiceNow Surges as AI Agent Fears Recede, Software Stocks Rally
ServiceNow shares surged 8.5% after Nvidia's CEO eased AI agent concerns, fueling a broad software rally. The stock is now trading as an AI operating layer bet.
Technology
Palantir Extends Rally on AI Momentum, Dell and Snowflake Results
Palantir Technologies shares climbed 3.6% in premarket Monday, adding to a 17% gain over two sessions, as AI-driven results from Dell and Snowflake fuel investor optimism.
Technology
Salesforce Shares Surge After Mixed Earnings; Focus Shifts to AI Monetization at Conferences
Salesforce stock surged 8.5% Friday after a mixed earnings report, with Q1 beats offset by soft Q2 revenue guidance. Agentforce ARR grew 205% to $1.2 billion, but bookings and cRPO missed estimates. The market now looks to upcoming tech conferences for clarity on AI monetization.
Earnings
Workday Shares Surge 12% as AI Concerns Ease, Earnings Beat
Workday shares surged 12.45% to $146.19 after beating Q1 earnings and raising margin guidance, as AI fears recede. DevCon next week.
Earnings
Atlassian Soars 26% in Holiday-Shortened Week on Cloud Strength
Atlassian shares surged 26% in a holiday-shortened week after strong quarterly results, with cloud revenue rising 29% and ARR surpassing $1 billion. The rally was part of a broader software rebound led by Snowflake and Dell.
Technology
Zeta Global Soars 13% on AI Optimism and Options Surge
Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.
Technology
Atlassian Stock Soars 15% on Renewed Software Sector Confidence
Atlassian shares jumped 15.6% to $107.85 Friday, with nearly 9.6 million shares traded, as investors shifted focus from AI disruption fears to strong peer results.
Technology
ServiceNow Shares Surge on Renewed AI Optimism in Enterprise Software
ServiceNow shares jumped 7% as AI-focused enterprise software stocks rallied, fueled by Snowflake's $6 billion AWS deal. Q1 subscription revenue rose 22%, but questions linger about AI's long-term impact.
Technology
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
Markets
Wall Street Ends at Records, After-Hours Signals Mixed
The Dow, S&P 500, and Nasdaq finished at record highs Wednesday, but after-hours trading showed mixed signals with Snowflake surging and Salesforce falling. Oil prices rebounded on U.S.-Iran tensions.
Markets
ServiceNow Stock Rises 2.2% on Steady Enterprise Demand Signals
ServiceNow shares rose 2.2% to $102.12, outperforming software peers as Oppenheimer reaffirmed its Outperform rating and $130 target after a customer survey showed steady enterprise demand.
Technology
Salesforce Revenue Forecast Disappoints, AI Worries Resurface
Salesforce reported Q1 revenue above expectations, but Q2 guidance fell short, reigniting AI concerns. Shares edged lower.
Earnings