Software stocks in the State Street ETF lost $1.6T in combined market cap in 2026 due to AI fears; Microsoft, AppLovin, Intuit, and Salesforce each lost $50B+
Salesforce CEO Marc Benioff dismisses concerns of a “SaaS-pocalypse”, saying companies like Anthropic use “a lot of SaaS because it just got better with agents”
Financial Times:
Salesforce reports Q4 revenue up 12% YoY to $11.2B, above $11.18B est., forecasts Q1 revenue above estimates, and announces a $50B share repurchase program
Salesforce (CRM.N) forecast first-quarter revenue above Wall Street expectations on Wednesday, betting on strong demand …
Salesforce reports Q4 revenue up 12% YoY to $11.2B, vs. $11.18B est., forecasts Q1 revenue above estimates, and announces a $50B share repurchase program
Salesforce (CRM.N) forecast first-quarter revenue above Wall Street expectations on Wednesday, betting on strong demand …
Cloud infrastructure startup Render raised a $100M Series C extension led by Georgian Partners at a $1.5B valuation, and says 4.5M+ developers use its tools
Venture capitalists are doubling down on Render, a startup offering easy-to-use cloud infrastructure.
Slack messages: some staffers complained about Marc Benioff making jokes about ICE at a Salesforce event, including about ICE surveilling employee travel
- Salesforce CEO Marc Benioff made jokes about ICE during an employee event, internal messages show. — Some employees took to Slack to express anger and disappointment.
Slack messages: some staffers complained about Marc Benioff making jokes about ICE at a Salesforce event, including about ICE surveilling employee travel
- Salesforce CEO Marc Benioff made jokes about ICE during an employee event, internal messages show. — Some employees took to Slack to express anger and disappointment.
Salesforce's Tableau President & CEO Ryan Aytay leaves after 19 years at the company, just two months after Slack CEO Denise Dresser left to become OpenAI's CRO
The chief of Salesforce Inc.'s data visualization unit, Tableau, has left the company, raising some concerns on Wall Street about executive churn at the software maker.
The US Army signs a $5.6B, 10-year contract with Salesforce to speed up outdated practices; as part of the deal, military recruiters will get access to Slack
Recruiters will get access to Slack as part of a contract that reflects the Pentagon's drive to adopt commercial software tools
As tech CEOs stay silent after two fatal shootings, 450+ workers at Google, Meta, OpenAI, Amazon, and others urge CEOs to cancel any ICE contracts and speak out
across NVIDIA, Anthropic, OpenAI, Google, Salesforce, Adobe, PayPal, YouTube, Slack, Meta—we are now hundreds strong.Hemant Taneja /@htaneja:This is not politics as usual. As investors, innovators, le...