Reported about 17 hours ago
Salesforce Inc. shares soared to a record high after the company reported quarterly revenue of $9.44 billion, surpassing analysts' expectations. The increase in sales is attributed to the company's new AI initiative, Agentforce, which aims to enhance customer service and sales without human intervention. Despite a history of slow growth and recent job cuts, Salesforce's robust profit margin and anticipated deals related to Agentforce have fostered optimism among investors.
Source: YAHOO