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News in English (USA) / 29.05.2025 / 08:00

Salesforce Reports Strong Q1 Results and Raises Annual Forecast Amid AI Growth

Salesforce has announced its strong first-quarter fiscal results, demonstrating significant growth in revenue driven by robust cloud spending and the impact of AI technologies. The company reported an 8% increase in revenue, reaching $9.83 billion, and raised its annual sales outlook, suggesting continued momentum in the market. Despite these positive results, some analysts express skepticism about the sustainability of the stock’s rise, emphasizing a tricky transition period for the company. Salesforce CEO highlighted the defiance of conventional guidance by providing optimistic forecasts, and while the stock initially surged on the news, it has experienced fluctuations in the hours following the earnings announcement.
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