STOCK TITAN
  1. Home
  2. News
  3. CRM

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.

News
New Salesforce Data and AI Innovations for Retail Help Businesses Drive Efficiency and Deliver Connected Shopping Experiences
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
-
News
New Vector Database in Salesforce Data Cloud Will Power AI, Analytics, and Automation Using LLMs with Business Data for Use Across the Einstein 1 Platform
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
-
News
ADP Reimagines the Human Capital Management Client Experience with Salesforce Generative 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
News
Salesforce Announces Strong Third Quarter Fiscal 2024 Results
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
-
News
Salesforce Data Reveals Record-Breaking Cyber Week: $298B in Global Digital Sales, $51B in AI-Influenced Purchases
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
-
News
Salesforce and AWS Expand Partnership for Customers to More Easily Build Trusted AI Apps, Deliver Seamless CRM Experiences, and Bring Salesforce Products to AWS Marketplace
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
News
Salesforce Grants Equity Awards to Airkit.ai Employees Under Its Inducement Equity Incentive Plan
Rhea-AI Summary
Salesforce (CRM) Grants Equity Awards to Airkit.ai Employees Under 2014 Plan
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
-
News
Salesforce Updates Timing of its Third Quarter Fiscal 2024 Results Conference Call
Rhea-AI Summary
Salesforce (CRM) will release its third quarter fiscal year 2024 results on November 29, 2023, after market close. The company will host a conference call to discuss its financial results with the investment community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
earnings
-
News
Salesforce Announces Timing of its Third Quarter Fiscal 2024 Results Conference Call
Rhea-AI Summary
Salesforce (NYSE: CRM) to release Q3 fiscal year 2024 results on November 30, 2023, after market close. Conference call to discuss financial results with the investment community. Webcast and replay available on Salesforce Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
earnings
News
Bumble Inc. Announces Leadership Succession Plan for Company’s Next Chapter of Growth
Rhea-AI Summary
Bumble Inc. announced that Lidiane Jones, the current CEO of Slack, will succeed Whitney Wolfe Herd as CEO, effective January 2, 2024. Wolfe Herd will transition to the Executive Chair role. Bumble, founded by Wolfe Herd in 2014, is a leading networking app known for championing women's safety online. Jones brings over two decades of experience as a product and business innovator and will accelerate Bumble's vision to embrace AI innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.39%
Tags
none
Stock CRM logo
Salesforce Inc

NYSE:CRM

CRM Rankings

#32 Ranked by Market Cap
#892 Ranked by Stock Gains
#1975 Ranked by Dividends

CRM Stock Data

285.49B
942.24M
2.83%
83.19%
0.99%
Software Publishers
Information
Link
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.