Salesforce jumps as $60 billion forecast eases revenue growth concerns


FILE PHOTO: A logo of Salesforce is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier/File Photo

(Reuters) -Salesforce shares jumped more than 6% in premarket trading on Thursday, after the company forecast faster revenue growth in the coming years, easing concerns that AI tools were eroding demand for its software.

The Marc Benioff-led company had posted its first revenue decline in about three years earlier this year, sparking fears that businesses focused on AI investments were cutting back on what has long been essential customer management software. That had knocked its stock by more than a quarter in 2025 so far.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Factbox-From trend to mainstay: AI to cement its place at the core of 2026 investment strategies
Data and AI firm Databricks valued at $134 billion in latest funding round
Business leaders agree AI is the future. They just wish it worked right now
Review: Defend a moving city in 'Monsters Are Coming' for PC and Xbox
Chip crunch to curb smartphone output in 2026, researcher says
App developers urge EU action on Apple fee practices
'Tomb Raider' Lara Croft to star in two new games 30 years on
Merriam-Webster’s 2025 word of the year is 'slop'
US communities push back against encroaching e-commerce warehouses
Will OpenAI be the next tech giant or next Netscape?

Others Also Read