Salesforce Stock Soars 22% After Strong Q2 Earnings and Anthropic Partnership
Macro·5 articles across 3 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Salesforce shares surged 22.6% on Thursday, marking its second-best day ever, following a strong beat on second-quarter earnings. The company also announced an expanded partnership with Anthropic, which contributed to higher profits and optimistic guidance for future growth.
The robust earnings report and positive outlook have reassured investors about Salesforce's ability to thrive in the competitive AI landscape. Analysts have raised their price targets for the stock, reflecting confidence in the company's strategic direction and financial performance.
SalesforceAnthropic
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Salesforce reported a strong beat on second-quarter earnings and announced an expanded AI partnership with Anthropic.”
CNBC — Salesforce rockets 22% for second-best day ever, leading software rally“Salesforce Inc. jumped the most in six years after the software company gave an outlook for strong revenue expansion and deepened its partnership with Anthropic PBC, reassuring investors that it can compete successfully in the AI era.”
Bloomberg — Salesforce Jumps Most Since 2020 on Outlook, Anthropic Deal
SupportCorroborates it
“CJ Haddad / CNBC: Salesforce stock closed up 22.6% on Thursday, its second-best day ever, after the company reported a beat on Q2 earnings and expanded its Anthropic partnership — Shares of”
techmeme — Salesforce stock closed up 22.6% on Thursday, its second-best day ever, after the company reported a beat on Q2 earnings and expanded its Anthropic partnership (CJ Haddad/CNBC)“Salesforce stock climbed amid Q2 earnings and revenue that beat Wall Street targets while guidance came in above expectations.”
IBD — Salesforce Earnings, Revenue Beat Amid Expanded Anthropic Partnership“Salesforce's Anthropic stake led to higher profit in the latest quarter.”
CNBC — Salesforce stock jumps 18% on AI growth and Anthropic investment gain“Salesforce's numbers and guidance were strong.”
CNBC — We're raising our price target on Salesforce after results defy 'SaaSpocalypse'“Salesforce’s AI push is finally showing up where investors wanted”
thestreet — Salesforce just gave Wall Street a reason to believe its AI story
Earlier versions
- Aug 27, 5:55 PM — Salesforce Stock Soars 20% After Strong Q2 Earnings and AI Partnership (2/2)
- Aug 27, 8:04 PM — Salesforce Stock Soars 22% After Strong Q2 Earnings and Anthropic Partnership (5/4)