Reported 2 days ago
Salesforce CEO Marc Benioff surprised analysts by raising the company's earnings guidance despite economic headwinds, citing strong business performance. The company announced a substantial acquisition of Informatica for about $8 billion, aiming to enhance its AI capabilities, although some investors expressed concerns over potential integration challenges and the impact on margins. Salesforce's latest financial results exceeded expectations, bolstering confidence in its growth strategy.
Source: YAHOO