Salesforce Inc (CRM)
Salesforce Soars 14% as Claudeforce and a Guidance Raise End the Slump, ServiceNow Climbs 5%, Adobe Advances 3%
Enterprise software is leading Thursday morning after Salesforce's fiscal Q2 2027 beat and Claudeforce announcement reset the sector's AI narrative. The iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is up 3% to $105.19 this morning.
Salesforce: Its Q2 Results Just Killed The SaaSpocalypse Bear Case
Salesforce, Inc. may be showing the first real signs of AI's “second phase,” where value shifts from infrastructure toward software monetization. CRM's cRPO growth accelerated to 14% YoY, directly challenging the SaaSpocalypse thesis that AI agents would steadily erode Salesforce's core business. Agentforce and Data 360 reached nearly $3.9B in ARR, while Agentforce alone grew more than 240% YoY, showing that AI adoption is moving beyond experimentation.
5 Things to Know Before the Stock Market Opens on Thursday
Stock futures are rising this morning as Nvidia's blockbuster results power the AI trade; Nvidia shares are surging after the chipmaker's quarterly report topped Wall Street estimates; Salesforce stock is rallying after its own strong report and the announcement of an expanded partnership with Anthropic; CrowdStrike shares are also on the rise thanks to a record quarter; and AI chip designer Marvell Technology is set to deliver its results after the closing bell today. Here's what you need to know.
Salesforce stock is jumping. What Wall Street is saying about its earnings and its Anthropic relationship.
Shares in the software company climbed in premarket trading. Citigroup and Jefferies both lifted their price targets for the stock.
Nvidia, Salesforce, and CrowdStrike Prove It Pays to Bet on the AI Veterans
Nvidia stock was surging alongside Salesforce and CrowdStrike. They all delivered impressive earnings in a reminder of the power of incumbents.
Salesforce stock surges 12%: did earnings just kill ‘SaaSpocalypse' fears?
Salesforce shares jumped about 12% in premarket trading on Thursday after the company raised its annual revenue and profit forecasts and expanded its partnership with Anthropic through a new artificial intelligence integration. The move comes as Salesforce and other software companies have faced heavy pressure from investors concerned that increasingly capable AI models could undermine traditional software businesses.
Salesforce Q2 Earnings Call Highlights
Salesforce NYSE: CRM reported fiscal 2027 second-quarter revenue of $11.35 billion, up 11% from a year earlier and above the high end of its constant-currency guidance, while highlighting growing demand for its AI products and raising its full-year revenue outlook.
Salesforce CEO Marc Benioff says the ‘SaaSpocalypse' is nonsense. Here's why
Salesforce CEO Marc Benioff pushed back against “SaaSpocalypse” fears. "This SaaSpocalypse narrative has been such nonsense," Benioff said on CNBC's "Mad Money.
Salesforce (CRM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Salesforce (CRM) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Marc Benioff goes on the offensive: 'This is not the SaaSpocalypse'
Salesforce CEO Marc Benioff dismissed fears of SaaSpocalypse after the company's latest earnings report. Salesforce's stock dropped 19% this year, but after-hours trading rose over 12% post-earnings.
Salesforce (CRM) Q2 Earnings and Revenues Top Estimates
Salesforce (CRM) came out with quarterly earnings of $5.9 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $2.91 per share a year ago.
Salesforce shares jump on blowout results, raised outlook
Salesforce Inc (NYSE:CRM, XETRA:FOO) shares rose 11.4% after the bell on Wednesday after the enterprise software company posted second-quarter results that topped Wall Street estimates and raised its full-year guidance. The company reported fiscal 2027 second-quarter revenue of $11.3 billion, in line with analyst estimates of $11.32 billion and up 11% year-over-year.
