Salesforce's AI Push Faces Challenges, But Earnings Beat Expectations

Salesforce, a leader in enterprise software, has seen a significant drop in stock this year, trailing the Dow Jones gains and the broader tech sector. Despite this, the companys AI offerings, such as Agentforce, have shown promise, with a surge in adjusted earnings per share and a strong backlog. Salesforce has raised its full-year guidance, and analysts remain largely optimistic, with a Strong Buy consensus.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.