S&P 5007,675.70▼0.0% Nasdaq26,130.20▼0.1% Dow53,463.88▼0.2% Russell 2K3,005.90▼0.1% 10-Yr4.66%+3bp VIX15.21−0.24 WTI$81.58▼0.9% Gold$4,666.20▲0.6% EUR/USD1.166▼0.1% BTC$79,672▲0.8% Nikkei66,212▼0.1%
At close · Thu, Aug 27, 2026
Daily Market Updates.

ETFs & Funds

HomeETFs & FundsEquity FundsSalesforce 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.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.