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Salesforce CEO Marc Benioff Dismisses 'SaaSpocalypse' Fears, Citing AI's Reliance on CRM Systems
Salesforce CEO Marc Benioff Dismisses 'SaaSpocalypse' Fears, Citing AI's Reliance on CRM Systems
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Reuters
Salesforce raises annual revenue forecasts on AI product momentum
Aug 26 (Reuters) - Salesforce raised its annual revenue forecast on Wednesday, signaling confidence that enterprise adoption of its new AI-powered autonomous agents will accelerate sales, sending its shares up 12% in extended trading.
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Reuters
Salesforce raises annual revenue forecasts, expands AI partnership with Anthropic
Aug 26 (Reuters) - Salesforce lifted its full-year revenue forecast and announced an expanded partnership with AI giant Anthropic on Wednesday, sending the enterprise software company's shares up 14% in extended trading.
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Reuters
Nasdaq futures outperform after Nvidia puts AI fears to rest
By Purvi Agarwal and Niket Nishant Aug 27 (Reuters) - Futures tied to the tech-heavy Nasdaq-100 index outpaced peers on Thursday after Nvidia's blockbuster forecast renewed investor confidence in the AI trade and boosted technology stocks.
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Reuters
Nasdaq futures take lead after Nvidia forecast refuels AI trade
Aug 27 (Reuters) - Futures tied to the tech-heavy Nasdaq outperformed peers on Thursday after AI bellwether Nvidia's blockbuster forecast renewed investor confidence in the AI trade and boosted technology stocks globally.
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AP News
Tech stocks lead Wall Street after Nvidia, Salesforce and others say AI is creating big growth
Technology stocks are leading Wall Street after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected
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Reuters
Nasdaq poised to lead Wall St after Nvidia puts AI fears to rest
By Purvi Agarwal and Niket Nishant Aug 27 (Reuters) - The S&P 500 and the Nasdaq were set to open higher on Thursday after Nvidia's blockbuster forecast renewed investor confidence in the AI trade and boosted technology stocks.
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Reuters
Momentum, leveraged trading keep software stocks on roller coaster
By Sinéad Carew and Suzanne McGee Aug 26 (Reuters) - U.S. software shares have been on a roller coaster and more wild rides likely lie ahead, thanks to AI-driven uncertainty and the rise of trading strategies that investors say are accentuating the swings in popular technology sectors.
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TheStreet
Anthropic's IPO math just got more aggressive than SpaceX's
A $30 trillion revenue claim raises the bar for what AI companies say they're worth to investors.
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TheStreet
The best AI stocks to buy now — and one to avoid
CFRA Senior Vice President and Equity Analyst Angelo Zino breaks down where he sees opportunity in AI and what could derail the trade.
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Trendline
Salesforce's Agentforce AI Platform Faces Scrutiny Over Revenue Generation Despite Leadership Optimism
Salesforce's Agentforce AI Platform Faces Scrutiny Over Revenue Generation Despite Leadership Optimism
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Trendline
Thomson Reuters Develops In-House AI Model, Thomson-1, to Reduce Reliance on Anthropic's Claude
Thomson Reuters Develops In-House AI Model, Thomson-1, to Reduce Reliance on Anthropic's Claude
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