ETFs & Funds
Home›ETFs & Funds›Equity Funds›Salesforce shares jump 20% after results underscore AI…
Salesforce shares jump 20% after results underscore AI demand
The move signals investors are still rewarding traditional software vendors alongside newer AI model partnerships.
Salesforce’s earnings helped lift sentiment across the software sector, with the company’s stock rising about 20%, according to MarketWatch.
MarketWatch said the results suggest AI is not replacing traditional software outright, and that operators of major AI models appear willing to partner with legacy software vendors rather than displacing them.
← Newer storyCrowdStrike shares rise as banks lift price targets after record resu…Older story →Chicago faces data center scrutiny as permits, power and water review…