Browsing: Salesforce

Shares of CRM software giant Salesforce (NYSE:CRM) jumped 18.9% in the afternoon session after the company reported second-quarter financial results that exceeded expectations and raised its full-year earnings guidance, buoyed by rapid growth in its artificial intelligence business. 

On August 27 US Eastern Time, Salesforce shares surged 13.6% in overnight trading, driven by Q2 earnings beating expectations and a $2.6 billion strategic gain from its investment in Anthropic. While Anthropic’s partnership accelerates AI commercialization and bolsters asset value, sustained momentum requires stable core SaaS growth and strong enterprise adoption of products like Agentforce.…

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Salesforce, Inc. $CRM reported second-quarter fiscal 2027 revenue of $11.3 billion, up 10.8% from a year earlier and slightly below the $11.4 billion estimate. Gross profit rose to $8.7 billion, while operating profit was essentially flat at $2.3 billion.