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Salesforce Inc - CRM STOCK NEWS

Welcome to our dedicated news page for Salesforce (Ticker: CRM), a resource for investors and traders seeking the latest updates and insights on Salesforce.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Salesforce's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Salesforce's position in the market.

Rhea-AI Summary
Salesforce (NYSE: CRM) announces strong financial results for Q4 and FY24, with revenue growth, increased performance obligations, and operating cash flow. The company initiates a dividend, share repurchase program, and provides guidance for FY25. Despite positive performance, some negative impacts on operating margin and EPS are noted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
earnings
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Rhea-AI Summary
Salesforce (NYSE: CRM) introduces Einstein Copilot, a customizable AI assistant for CRM that leverages company data to enhance productivity and customer relationships. The AI tool is embedded in Salesforce applications and offers generative responses, actions, and customization capabilities, catering to various business needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
AI
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Rhea-AI Summary
Salesforce (NYSE: CRM) will release its fourth quarter and full fiscal year 2024 results on February 28, 2024, after the market close. The company will host a conference call to discuss its financial results with the investment community. A live webcast and replay of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
earnings
Rhea-AI Summary
Salesforce (NYSE: CRM) announced new data and AI-powered tools to transform shopping experiences, powered by the Einstein 1 Platform. 83% of global retailers have seen operational efficiency improvements with AI, and 63% of marketers say that trusted customer data is important. New tools include Einstein Copilot for Shoppers, Page Designer, Return Insights, Inventory Insights, Global Promotion Management, Referral Marketing, Segment Creation, and Content Creation. These tools aim to improve customer interactions, increase loyalty, drive revenue, and boost employee productivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
-
Rhea-AI Summary
Salesforce (NYSE: CRM) announced significant updates to its Einstein 1 Platform, adding the Data Cloud Vector Database and Einstein Copilot Search. The Data Cloud Vector Database will unify all business data, including unstructured data like PDFs, emails, and transcripts, with CRM data to enable grounding of AI prompts and Einstein Copilot, eliminating the need for costly and complex fine-tuning of LLM models. This will provide AI search capabilities to deliver precise answers from Data Cloud instantly in a conversational AI experience, boosting productivity for all business users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
AI
-
Rhea-AI Summary
Salesforce (CRM) and ADP (ADP) have expanded their partnership to reimagine ADP's client experience for its more than 1 million clients. The collaboration aims to unite ADP's data and insights with Salesforce's Customer 360 platform to drive greater collaboration and empower ADP's service teams with real-time, quick responses to client inquiries using generative AI. This partnership reflects a commitment to delivering intelligent, personalized, and automated customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
AI
Rhea-AI Summary
Salesforce (CRM) and ADP (ADP) have expanded their partnership to reimagine ADP's client experience for its more than 1 million clients. The collaboration aims to unite ADP's data and insights with Salesforce's Customer 360 platform to drive greater collaboration and empower ADP's service teams with real-time, quick responses to client inquiries using generative AI. This partnership reflects a commitment to delivering intelligent, personalized, and automated customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
AI
-
Rhea-AI Summary
Salesforce (CRM) reported a strong third quarter fiscal 2024 with $8.72 billion in revenue, up 11% year-over-year. The company also announced a 17.2% GAAP operating margin and a non-GAAP operating margin of 31.2%. Salesforce returned $1.9 billion to stockholders through share repurchases and initiated fourth quarter FY24 revenue guidance of $9.18 billion to $9.23 billion. The company's full year FY24 revenue guidance was narrowed to $34.75 billion to $34.8 billion, with a raised GAAP operating margin guidance to 14.5% and non-GAAP operating margin guidance to 30.5%. Salesforce also raised its full year FY24 operating cash flow growth guidance to 30% to 33% year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.36%
Tags
earnings
-
Rhea-AI Summary
Salesforce (CRM) Cyber Week 2023 figures reveal 6% YoY growth in global online sales, reaching $298 billion, with U.S. sales up 5% YoY to $70.8 billion. AI influenced $51 billion of global online sales, driving growth through targeted offers and personalized shopping. Black Friday and Cyber Monday saw 8% and 5% global sales increases respectively, with mobile traffic accounting for 79% of ecommerce traffic.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
AI
Rhea-AI Summary
Salesforce (CRM) and Amazon Web Services (AWS) (AMZN) have announced a significant expansion of their strategic partnership, deepening product integrations across data and AI, and offering select Salesforce products on the AWS Marketplace. The expanded agreement aims to make it easier for customers to manage their data across Salesforce and AWS and safely infuse AI technologies into their applications. The partnership will enhance customer experiences, streamline purchasing options, and empower developers with new AWS compute and development services. The new product integrations will be available in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
partnership AI
Salesforce Inc

NYSE:CRM

CRM Rankings

CRM Stock Data

306.74B
941.86M
2.87%
83.05%
0.8%
Software Publishers
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US
San Francisco

About CRM

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.