Salesforce Stock News

Salesforce's latest report easily beat Wall Street's expectations. But its sales growth is still cooling as it focuses on growing its profits.

Salesforce is acquiring Tenyx, the latest sign of the company's growing artificial intelligence ambitions. The customer relationship management company will use Tenyx's expertise in developing AI-powered voice agents to advance its own AI solutions, according to a Tuesday (Sept.

Despite a strong start to the year, shares of tech titan Salesforce Inc. NYSE: CRM have been having a lackluster end to the summer. They gained 150% through the start of March before falling more than 30% in June due to some dodgy earnings.

Salesforce is focusing on its profits instead of its revenues. MongoDB is bracing for a tough slowdown this year.

Enterprise cloud firm Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions.

Salesforce has become a more mature company with moderate growth and increasing profitability. However, its Agentforce platform could represent a huge growth opportunity for the company.

Salesforce's Q2 earnings exceeded expectations with $2.56 in EPS and $9.33B in revenue, driven by double-digit top-line growth in core segments. The company generated $755M in free cash flow, showing 20% Y/Y growth, and raised its FY 2025 earnings outlook. Salesforce's valuation is attractive with a P/E ratio of less than 24X: it is cheaper than it was in the past and cheaper relative to other ...

CNBC's Jim Cramer on Thursday told investors he hopes Wall Street will abandon a larger-than-life view of Nvidia now that the company's long-awaited earnings report is in the rearview mirror. Perhaps investors can now turn their attention to other worthwhile stocks that "have been lost in the Nvidia shuffle," he said.