Salesforce Inc. is scheduled to post earnings after the close Wednesday in a report that will show how the company is faring amid the artificial-intelligence frenzy.
While companies like Nvidia Corp. NVDA, +2.04% dominated this past earnings season with record results supported by AI data-center sales, software companies serving business customers face a tougher market as AI budgets, which didn’t exist a year ago, get sorted out.
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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.
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Salesforce is on the AI train, but that won’t guarantee blowout earningsSalesforce is expected to highlight its AI products in its earnings report, but analysts caution that business spending hasn't been as robust as expected.
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AI in focus: Here's what to look for when Salesforce and Broadcom report earningsWhen these two tech firms release earnings, Wall Street will be looking to see if their respective bets on artificial intelligence are starting to pay off.
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