Salesforce's AI Boosts Earnings, Stock Soars

Salesforces stock surged over four percent following their Q3 earnings report, which exceeded expectations with higher-than-predicted adjusted earnings per share and a positive financial forecast. Their AI offerings, such as Agentforce and Data Three Sixty, drove growth, increasing annual recurring revenue by more than double and boosting paid customers by fifty percent. Despite a slight miss on total revenue, the strong profit numbers and optimistic outlook for Q4 and FY2026 led to a raise in full-year revenue and earnings guidance. This positive news comes as a relief for investors, as the stock had been down twenty-one percent since the start of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.