Salesforce is on the AI train, but that won’t guarantee blowout earnings

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Salesforce is expected to highlight its AI products in its earnings report, but analysts caution that business spending hasn't been as robust as expected.

Salesforce Inc. is expected to highlight its AI products in its earnings report, but analysts cation that business spending hasn’t been as robust as expected.

Two things could help Salesforce on its outlook for the year, he said: the company’s recent price increases and a potential “faster-than-expected adoption of its premium, monetized AI products.” Wall Street analysts, on average, forecast fiscal second-quarter earnings of $1.90 per share on revenue of $8.53 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jobs and Inflation Data, Salesforce and Best Buy Earnings, and More to Watch This WeekEarnings reports from Best Buy, HP, Salesforce, Broadcom, Dollar General, and more. Plus, August jobs data, July core PCE inflation, and the July JOLTS report.
Source: MarketWatch - 🏆 3. / 97 Read more »

JPMorgan appears to be getting a little nervous about Salesforce ahead of earningsAnalyst Mark Murphy maintained his buy rating on the cloud-based software company, however.
Source: CNBC - 🏆 12. / 72 Read more »