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Salesforce stock jumped over 14% after the company raised its financial outlook and its chief executive dismissed ongoing fears of a SaaS market downturn. The positive momentum extended across the sector, lifting shares of major competitors including ServiceNow and Adobe.
Salesforce reported stronger-than-expected second-quarter results and raised its full-year revenue forecast, driven by robust enterprise software demand. The company also announced the general availability of Claudeforce, a new artificial intelligence sales plugin developed in partnership with Anthropic.
Salesforce reported stronger-than-expected second-quarter earnings and raised its full-year revenue outlook amid growing corporate demand for artificial intelligence tools. The company also announced an expanded strategic partnership with generative AI developer Anthropic to integrate Claude models into its enterprise software.