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Snowflake vs. Salesforce earnings: Is AI still disrupting software?
Yahoo Finance Video69d agoneutralVIDEO
Snowflake vs. Salesforce earnings: Is AI still disrupting software?

Snowflake (SNOW) stock is soaring by over 30% on Thursday after the company reported AI demand to have driven better-than-expected first quarter results alongside revenue growth of 33%. PNC Asset Management Group CIO Amanda Agati and Yahoo Finance Senior Business Reporters Brooke DiPalma and Ines Ferré take a closer look at the post-earnings stock reactions from Snowflake and fellow software company Salesforce (CRM).

Salesforce Q1 Earnings Call Highlights
MarketBeat69d agoneutral
Salesforce Q1 Earnings Call Highlights

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 stock in focus post-earnings: Analyst shares bull case
Yahoo Finance Video69d agoneutralVIDEO
Salesforce stock in focus post-earnings: Analyst shares bull case

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.

Bloomberg69d agoneutral
Salesforce Gives Lukewarm Outlook That Fuels Disruption Fear

(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 sees quarterly revenue below estimates amid AI disruption fears
Reuters69d agoneutral
Salesforce sees quarterly revenue below estimates amid AI disruption fears

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.

Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift
Bloomberg69d agoneutral
Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift

(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 faces a vital Agentforce test in upcoming earnings
TheStreet71d agoneutral
Salesforce faces a vital Agentforce test in upcoming earnings

Few companies in enterprise software have staked their future as explicitly on a single product bet as Salesforce has on Agentforce. The agentic AI platform has been the centerpiece of every investor conversation, every earnings call, and every product announcement for the past two quarters. ...

Salesforce earnings, OpenAI IPO filing, April PCE: What to Watch
Yahoo Finance Video71d agoneutralVIDEO
Salesforce earnings, OpenAI IPO filing, April PCE: What to Watch

Asking for a Trend Host Brooke DiPalma previews several of the biggest stories to come throughout this week, including the latest filings regarding OpenAI's (OPAI.PVT) planned IPO, earnings out from companies like Salesforce (CRM), and the Personal Consumption Expenditures (PCE) report for April inflation data. Markets will be closed this Monday, May 25, for the Memorial Day Weekend holiday.