Browsing: Buybacks

Salesforce, Inc. (CRM) reported higher results for the quarter ended July 31, 2026. Total revenue was $11.35 billion, up from $10.24 billion a year earlier, driven by subscription and support revenue of $10.82 billion. Americas contributed $7.40 billion, Europe $2.76 billion, and Asia Pacific $1.17 billion.

Concerns that AI agents could take over the role of conventional software have driven a sharp decline in software stock prices. Executives are now resorting to buybacks, rebrands, and even AI-generated versions of themselves to win back confidence. The central worry is that customers will abandon expensive enterprise suites in favor of AI-driven tools, a…