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Snowflake Rips Higher After Earnings Beat Shatters Software Sector Fears
↗️ Snowflake (SNOW): Shares surged 38% premarket after the cloud-software company lifted its full-year outlook and struck a $6 billion deal with Amazon (AMZN) to access its chips. Amazon’s shares ticked slightly lower premarket.
CRM software giant Salesforce (NYSE:CRM) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 13.3% year on year to $11.13 billion. The company expects next quarter’s revenue to be around $11.31 billion, close to analysts’ estimates. Its non-GAAP profit of $3.88 per share was 24.1% above analysts’ consensus estimates.
Salesforce Inc (NYSE:CRM, XETRA:FOO), the enterprise software group, delivered a comprehensive first-quarter earnings beat on Wednesday evening, with revenue and profits comfortably ahead of expectations Yet the results did little to settle the deeper debate about whether the company can...
Salesforce's Q1 fiscal 2027 call spotlights Agentforce, Slack and "Headless 360" as it lifts revenue guidance and defends a stronger second half.
Marc Benioff dismissed concerns over the weakness in CRM and broader software stocks, and said he still expects 2026 to be a record year for the company.
Salesforce Inc (CRM) reports a 13% revenue increase and surpasses $1 billion in Agentforce ARR, while addressing challenges in marketing and commerce segments.
In the first quarter of fiscal 2027, Salesforce returned $27.5 billion to shareholders.
All three major indexes spent the day inching toward fresh record highs as oil futures seemed to see an end in sight for the Iran war. The Nasdaq Composite Index closed up 0.1% to a new high of 26,674.73 on Wednesday. Today’s market wins were largely driven by the fact that oil futures were hovering at a six-week low on the news that the U.S. and Iran seem to be heading toward a deal to end the conflict and reopen the Strait of Hormuz.
Salesforce (NYSE:CRM) reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products. Chair and CEO Marc Benioff said Salesfor
Salesforce expects average Q2 revenue at $11.3 billion, marginally missing expectations of $11.4 billion.
CEO Marc Benioff Says Agentic AI Offers Huge Growth Opportunity
Although the revenue and EPS for Salesforce (CRM) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Salesforce (CRM) delivered earnings and revenue surprises of +24.36% and +0.68%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Salesforce (CRM) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $3.88 (compared to analyst estimates of $3.13), and revenue came in at $11.13 billion (compared to analyst estimates of $11.05 billion). Wolfe Research managing director and head of software research, Alex Zukin, joins Yahoo Finance to discuss the results, highlighting why he's bullish on the name despite risks he sees.
(Bloomberg) -- Salesforce Inc. gave a revenue outlook for the current period that just fell short of analysts’ estimates, unnerving investors already concerned about the possibility that artificial intelligence will disrupt the software business.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadEx-President Biden Sues to Stop DOJ Sharing Inter
Salesforce Inc (NYSE:CRM, XETRA:FOO) achieved reported first quarter financial results that topped analyst expectations on earnings and showed continued double-digit growth in revenue, alongside expanded margins and an increased full-year profit outlook. For the quarter ended April 30, the...

Salesforce (CRM) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $3.88 (compared to analyst estimates of $3.13), and revenue came in at $11.13 billion (compared to analyst estimates of $11.05 billion). Market Domination Overtime host Josh Lipton dives into the cloud platform operator's earnings release in the video above.
Salesforce stock fell on disappointing guidance while Q1 earnings and revenue beat estimates as artificial intelligence products gained traction.
CRM software giant Salesforce (NYSE:CRM) announced better-than-expected revenue in Q1 CY2026, with sales up 13.3% year on year to $11.13 billion. The company expects next quarter’s revenue to be around $11.31 billion, close to analysts’ estimates. Its non-GAAP profit of $3.88 per share was 24.1% above analysts’ consensus estimates.
Salesforce forecast second-quarter revenue below Wall Street estimates on Wednesday amid ongoing concerns that AI rivals such as Anthropic could rapidly disrupt demand for traditional software vendors. Like its peers, Salesforce is contending with growing investor concerns that AI tools could pull enterprise clients away from traditional software by taking over tasks once done by their products. Its shares fell 3% in extended trading.
The enterprise software company recorded a profit of $2.11 billion as it pushes its artificial intelligence tools as a growth accelerator.
(Bloomberg) -- While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really benefited. But its earnings after the close Wednesday could pull the company’s shares out of their malaise. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadEx-President Biden Sues to Stop DOJ Sharing I
Salesforce Earnings Are Here -- Wall Street Is Bracing for a Massive Stock Swing