Salesforce Raises Outlook on AI Momentum, Stock Gains
Salesforce Inc. surpassed quarterly profit estimates and lifted its annual forecast, driven by accelerating demand for its artificial intelligence tools. Shares climbed 3% in extended trading as the company reported adjusted earnings of $3.25 per share, beating the $2.86 consensus.
The CRM leader's AI-powered Agentforce platform and Data 360 suite saw annual recurring revenue more than double to $1.4 billion. This performance signals potential for Salesforce to overcome recent investor skepticism about its competitive positioning in enterprise AI solutions.
While the article contains no direct cryptocurrency references, the AI growth narrative mirrors broader tech sector trends that frequently influence digital asset markets. Major exchanges like Coinbase and Binance often see correlated activity when enterprise tech stocks rally on AI developments.