Increasingly capable "reasoning" AI models have a good chance of sparking an AI "agent" revolution. Salesforce is in a great position to capture a large share of the highly lucrative enterprise "agent" market. Despite Salesforce strong foothold in the "agent" market with Agentforce, Microsoft presents a huge threat with CoPilot.
Veeva share price has recently been battling concerns that Salesforce will become a more aggressive competitor and take meaningful market share in Veeva's CRM space. Veeva's financial performance remains strong with high non-GAAP operating margins and free cash flow margins around 40%, positioning it as a GARP investment. The company's strategy includes expanding its Data Cloud and developing horizontal applications, enhancing its comprehensive life sciences cloud offering.
In the latest trading session, Salesforce.com (CRM) closed at $326.90, marking a +0.61% move from the previous day.
Generative artificial intelligence (AI) has been the first big usage of AI. However, the next major wave may be agentic AI.
AI-Powered HawkSearch Connector on Salesforce AppExchange Empowers Businesses to Enhance Product Discovery, Boost Conversions, and Drive Revenue Growth WOBURN, MA / ACCESSWIRE / January 7, 2025 / Bridgeline Digital, Inc. (NASDAQ:BLIN) in partnership with Saleforce, has released the HawkSearch AI-Powered Product Discovery engine for Salesforce B2B Commerce to grow online revenue for B2B companies with massive catalogs of complex products. Powered with Agentic-AI, HawkSearch integrates with Saleforce Agentforce and leverages Generative-AI to drive traffic, increase conversion and grow order value to build revenue for Salesforce customers.
2025 is shaping up to be the year of artificial intelligence (AI) software. Over the last two years, the AI boom has focused on semiconductor stocks like Nvidia, but after building out data centers to perform generative AI computing scale, software companies now seem next up to capitalize on the new tech boom.
Online spending rose 3% to a record $1.2 trillion globally over the holiday period, with U.S.-sales, specifically, growing 4% to $282 billion.
Artificial intelligence (AI) helped holiday sales reach record levels this year, new Salesforce data shows. However, the company said in a report issued Monday (Jan. 6), high rates of returns could hinder the overall profit margins on the $1.2 trillion in global sales.
Guggenheim downgraded two big winners in software: Salesforce (CRM) and Palo Alto Networks (PANW). The firm believes Palo Alto has had "several questionable quarters," while Salesforce needs to acquire more assets to meaningfully monetize Agentforce.
Under the leadership of technology visionary Marc Benioff, Salesforce (CRM 0.79%) has become one of the most influential companies in the world of enterprise software.
Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by nearly 4% year-over-year, according to a report by Salesforce.
Salesforce has been seen as an early AI winner, but a Guggenheim analyst worries about how the company and its peers will be able to monetize a technology that nearly everyone is offering.