News Formal

Salesforce CEO on robot sales agents, Microsoft's AI letdowns, and big earnings beat

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Marc Benioff News

Operating Margins,Salesforce,Operating Margin

Salesforce CEO Marc Benioff says his company remains as committed to profit growth and AI innovation as ever.

Shares of the SaaS company popped 4% in after-hours trading on Wednesday as it bested Wall Street estimates on sales, operating margins, and earnings.

The company maintained its full year sales outlook, but lifted its expectations for operating margins. That may spur enthusiasm that Salesforce's various AI initiatives will boost profits. He also says Microsoft has "misled" customers "that they have to do so much heavy lifting on the technology side." Salesforce aims to enable customers to train their models within its platform."One of the biggest initiatives in the field is around monetizing the AI theme within the Salesforce massive installed base.

“The Bachelorette”'s Jeremy Wishes He Knew to 'Open Up Sooner' to Jenn Tran, But Doesn’t 'Have Any Regrets'

 

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:

 /  🏆 47. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Salesforce CEO Benioff touts earnings beat, AI opportunitiesSalesforce (CRM) reported second quarter results that came in above analyst expectations on both earnings and revenue. The enterprise software giant also...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »