Salesforce to Borrow $25 Billion – Its Largest Debt Deal Ever – to Fund Massive Buyback
Salesforce eyes up to $25B in bonds—its largest ever—to fund share buybacks, amid AI worries and credit downgrades from Moody's and S&P.
Salesforce eyes up to $25B in bonds—its largest ever—to fund share buybacks, amid AI worries and credit downgrades from Moody's and S&P.
Salesforce smashed Q4 records with Agentforce AI exploding to $800M, yet its FY27 sales forecast of ~$46B disappointed Wall Street. Shares dropped 5% as fears grow that AI startups will steal business.
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
Software stocks are falling sharply after disappointing earnings and guidance from companies like Dassault Systèmes and Unity Software, raising worries about AI disrupting traditional business models.
The U.S. Army awarded Salesforce a $5.6 billion, 10-year contract to modernize outdated military systems using cloud technology and AI agents for faster decision-making and recruitment.
Salesforce shares fell over 6% after Anthropic announced Cowork, an AI assistant that competes with Salesforce's Agentforce workplace automation platform.