Cloud software giant Salesforce looks to hire thousands of new sales people to sell its AI tools to customers.
Salesforce will bring on 2,000 more salespeople specializing in artificial intelligence, CEO Marc Benioff said at an event in San Francisco on Tuesday. The second generation of Salesforce's AI agent software will become available to customers in February 2025.
Shares of Salesforce Inc NYSE: CRM have been a standout performer this year, as they continue to add gains to the 180% rally that kicked off in late 2022. Two years in, this tech giant is looking stronger than ever.
ServiceNow's (NOW) downgrade from Keybanc pushed the stock to the downside after the company hit an all-time high earlier in the week. The same firm gave an upgrade to Salesforce (CRM), citing its Agentforce software as an A.I.
Analysts say government spending cuts and heightened competition will put strain on ServiceNow.
Salesforce, Inc. (NYSE:CRM ) Barclays 22nd Annual Global Technology Conference December 12, 2024 3:10 PM ET Company Participants Brian Millham - President and Chief Operating Officer Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Thank you. Maybe take your seats.
Except for a few big names like Reddit, 2024 has been a relatively sparse year for high-profile tech IPOs, even as the broader IPO market is showing signs of an upswing. But with only a few weeks remaining, at least one more tech company is going public before the year closes.
The Salesforce, Inc. (CRM) platform is allowing users to deploy AI at scale and bringing in Big Money invesetment.
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle stock. CRM stock trades at 9.5x trailing revenues, versus 9.8x for ORCL.
In this episode, Salesforce founder and CEO Marc Benioff sits down with Ann Berry to discuss the company's growing Agentforce product, valuations in the AI sector today and Salesforce's track record in start up investing. Ann also asks Marc if we will see him working with Elon Musk on DOGE, and whether Twitter / X is an asset he wished he'd bought.
Andrew Graham says the growth gap between the Mag 7 and the rest of the S&P 500 has narrowed. However, he notes Amazon (AMZN) and Tesla (TSLA) as giants investors should watch.
Explore how Salesforce.com's (CRM) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.