Salesforce and ServiceNow reported strong quarterly results that challenge the belief AI would harm enterprise software companies. Salesforce's revenue rose 10.8% with AI-driven products like Agentforce growing over 240%, while ServiceNow's revenue surged 24% with AI deployments increasing ninefold. Both companies see AI as expanding their platforms, not replacing them, with Salesforce focusing on data integration and ServiceNow emphasizing governance and cybersecurity. The key question now is whether this growth is sustainable long-term, as Salesforce raised its revenue forecast with modest organic growth and ServiceNow shifts toward non-seat-based AI business models.
Salesforce has agreed to buy Loops, an AI analytics platform that explains business performance changes and suggests actions. This acquisition will enhance Tableau, Salesforce's data visualization tool, by integrating AI to help businesses quickly id...
Bank of America upgraded Salesforce stock from Underperform to Buy, raising its price target to $285, arguing that fears of AI disrupting enterprise software were overblown. Salesforce shares rose 3% following the upgrade, despite being down 9% year-...
Salesforce reported a strong earnings beat with non-GAAP EPS of $5.90 versus $3.27 expected and revenue of $11.35 billion, driven by rapid growth in its AI platform Agentforce. Despite raising fiscal 2027 revenue and EPS guidance, the stock has been ...
Palantir Technologies shares rose 4% after Barclays initiated coverage with an Overweight rating and a $265 price target, following Goldman Sachs' recent upgrade citing strong demand for sovereign AI systems. This bullish sentiment has pushed Palanti...
On October 8, 2026, Taiwan Semiconductor Manufacturing (TSMC), Salesforce, and NXP Semiconductors all paid dividends to shareholders. TSMC raised its dividend by 35.8% year-over-year, reflecting strong revenue and earnings growth, while Salesforce in...
