Salesforce is acquiring Rune Technologies, a startup that develops AI software for U.S. military logistics, for $375 million in cash and stock. This deal enhances Salesforce's Missionforce unit, which serves defense agencies and recently secured a $5.6 billion contract with the U.S. Army. Rune's technology will help Missionforce support battlefield operations by integrating frontline logistics data. The acquisition is part of Salesforce's broader strategy to expand in defense tech and follows several other major purchases this year.
Salesforce's market cap stands at $190.03 billion as of Oct 31, 2026, 06:31 WIB, with a daily trading volume of 7,667,481 shares on Pluang. The stock price is currently $228.50, down 1.04% for the day, while the dividend yield remains modest at 0.76%. This acquisition news comes as the stock sees a majority of buy orders, with 78% of Pluang users buying Salesforce shares at this time.
Salesforce stock is currently down for the year but shows strong potential for a comeback driven by its AI product Agentforce, which has seen annual recurring revenue grow over 240% year-over-year. Despite a recent 33% rally since July, the stock tra...
ServiceNow reported Q3 2026 revenue beating estimates but forecasted slower contract revenue growth, causing its stock to fall 19%. Despite raising its AI annual contract value target and expanding AI partnerships, investors are concerned about the s...
HiBob announced its inaugural Horizons event in London on November 18, 2026, aimed at guiding enterprises in adapting and leading in the AI era. The event follows HiBob's recent $166 million investment led by Salesforce and will gather around 300 sen...
