Salesforce Beats Expectations with Strong AI Tool Growth and Outlook
Salesforce surpasses revenue forecasts with $11.2B guidance, driven by Agentforce AI adoption. Stock jumps 5% as company reports 9,500+ paid AI deals and strong bookings growth.
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ServiceNow Plans $1B+ Acquisition of Identity Security Startup Veza
ServiceNow is close to acquiring Veza for over $1B, aiming to boost its identity security capabilities across users and machine accounts.
Salesforce Targets $60 Billion Revenue by 2030, Driven by Accelerated Growth and a $440 Million Bet on Agentic AI
Salesforce forecasts $60B revenue by 2030. AI tools are key to growth. They will buy back $7B in stock.
AI Wars: New OpenAI Tools Challenge DocuSign and HubSpot
OpenAI introduces two major new tools, "DocuGPT" and "Tailor Assist", directly challenging the core businesses of DocuSign and HubSpot, leading to market pressure on major software companies.
Salesforce's AI Ambition Meets Investor Frustration: A Look at Returns and Headwinds
Salesforce's AI push with Agentforce faces investor frustration over slow returns despite strong Q2. Light Q3 guidance & macro headwinds cause concern. Salesforce, confident, expands buybacks & eyes acquisitions for AI monetization.