CRM
NEW YORK STOCK EXCHANGE, INC. · Technology
Salesforce Inc
$186.67
+1.64 (+0.89%)
CRM News30 articles
UiPath Plunges Amid AI Competition Fears, Drags Software Sector Lower
UiPath shares tumbled 8.7% in late trading, leading a broad software selloff fueled by fears of AI disruption and a decelerating revenue outlook, overshadowing its first profitable year.
Stocks Rebound as Oil Eases Ahead of Fed Decision
U.S. equities advanced Monday, with the Dow rising 0.72% as oil prices retreated. Tech shares outperformed, led by gains in Nvidia and Meta.
Intuit Shares Slide on Spending Concerns Despite Analyst Upgrade
Intuit shares dropped nearly 4% Tuesday as investors focused on elevated spending forecasts overshadowing a bullish analyst upgrade and strong January-quarter results.
Salesforce's Massive Buyback Plan Draws Credit Downgrade, Market Skepticism
Salesforce faces a credit rating downgrade from Moody's and a negative outlook from S&P after announcing plans to fund a $50 billion share repurchase program with debt. The company's stock fell as investors weighed the balance sheet risks against management's confidence in future growth.
Salesforce Executives Address Internal Tensions Amid AI Transition
Salesforce executives addressed employee concerns following CEO Marc Benioff's controversial comments, as the company balances internal culture issues with its aggressive AI transformation. Shares gained 4.3% despite broader market weakness.
Salesforce Unveils AI Healthcare Agents, Stock Gains Amid Sector Competition
Salesforce introduced six new AI agents for healthcare workflows, with integrations from HealthEx, Verily, and Viz.ai. The company's stock climbed 3.8% as competitors AWS and Google Cloud announced similar healthcare AI platforms.
Veeva Systems Beats Q4 Estimates, Unveils $2B Buyback and AI-Driven Growth Outlook
Veeva Systems exceeded analyst expectations for its fourth quarter, reporting revenue of $836 million and adjusted EPS of $2.06. The company also initiated a $2 billion stock buyback and forecast fiscal 2027 revenue approaching $3.6 billion.
Salesforce Debuts AI Fan Assistant with Formula 1 Amid Investor Scrutiny
Salesforce and Formula 1 have introduced an AI-powered fan agent to explain 2026 technical regulations. The launch comes as Salesforce shares declined, reflecting broader investor caution over AI's role in the software industry.
Salesforce Authorizes $50 Billion Buyback, Shares Gain After Hours
Salesforce shares advanced in extended trading after the company disclosed a fresh $50 billion stock buyback program and a quarterly dividend, contrasting with a broader market decline driven by inflation and geopolitical concerns.
Salesforce Shares Dip Amid Software Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, underperforming the broader software sector, following last week's revenue forecast that missed analyst expectations. Investors are evaluating new partner program changes and the company's push into AI agents.
Salesforce Shares Dip Amid Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, lagging a broader software sector rally, following last week's revenue guidance miss and a $50 billion buyback announcement. Executives are set to speak at a Morgan Stanley conference Tuesday.
Salesforce Shares Slide Amid AI Uncertainty, Key Conference Ahead
Salesforce shares declined 2.35% Friday, closing at $194.79 amid a broader software sector selloff. Investors are focused on AI agent adoption and enterprise spending trends ahead of a key Morgan Stanley conference appearance.
Salesforce Faces Investor Scrutiny Over AI Strategy and Revenue Outlook
Salesforce shares fell as a softer revenue outlook and significant AI spending unsettled investors, despite announcing a $50 billion share repurchase and increased dividend. Broader tech stocks also retreated on inflation concerns.
Salesforce Shares Gain on Expanded Buyback, AI Revenue Hits $800M
Salesforce shares advanced Thursday following an increased share repurchase authorization and dividend, with investors focusing on the company's $800M annual AI revenue.
Palantir Shares Gain Amid Insider Sales, AI Sector Scrutiny
Palantir Technologies shares advanced over 4% Wednesday, closing at $134.19, as the market parsed recent insider transactions and broader sentiment toward AI-focused software names.
Salesforce Shares Dip on Growth Concerns, AI Acquisition Ahead of Earnings
Salesforce shares declined over 1% after UBS reduced its price target, highlighting a lack of clear growth acceleration. The company also announced an acquisition to bolster its AI platform with more voice and video data.
Salesforce Gains Ahead of Holiday, AI Acquisition and Earnings in Focus
Salesforce shares closed at $189.72, up 2.3%, with heavy trading volume ahead of the market holiday. The company's recent AI acquisition and cost discipline are under scrutiny as investors await quarterly results.
Adobe Stock Tests Lows Amid AI-Driven Software Selloff
Adobe stock closed slightly higher Friday but remains down 25% year-to-date, hovering just 5% above its 52-week low. The broader software sector has shed $2 trillion in market value since October.
Salesforce Gains Ahead of Holiday, Investors Eye Key Earnings Report
Salesforce shares advanced 2.31% on Friday, offering a reprieve after a volatile period. Markets are closed Monday for the holiday, with the company's fiscal Q4 and full-year 2026 results due after the bell on February 25.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.