Salesforce stocks soar on higher earnings and bullish outlook – CNBC
Related company: Salesforce (https://www.salesforce.com)
Salesforce shares soared 6% after reporting higher earnings and bullish outlook. The company’s revenue in the second fiscal quarter increased by 11% from the previous year, and net income rose significantly. Salesforce also raised its forecast for the full year, expecting a revenue growth of 11%. CEO Marc Benioff emphasized the company’s focus on leading customers into the new era of AI, announcing AI enhancements to its Sales Cloud and Service Cloud apps, as well as an AI Cloud that encompasses marketing and data analytics tools. Salesforce shares have climbed 62% this year.
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