Business
Salesforce Stock Gains After Earnings, AI Reassurance
Salesforce’s quarterly results cleared expectations, with revenue growing 12%.
This fiscal year, the company expects its top line to rise by about 10%, in line with last year.
Chief Executive Marc Benioff said he wasn’t fazed by the recent selloff in software stocks. “This is not our first SaaS-pocalypse,” he said, referring to software-as-a-service.
Shares (CRM) closed 4% higher. Through Thursday, the stock had lost about one-quarter of its value in 2026.