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But better news came with much higher prices. Salesforce has now recovered roughly half of its prior decline. CrowdStrike is already back near its 52-week high. That's why simply buying whichever software stock has the best earnings reaction can be a dangerous game.
Enterprise software is leading Thursday morning after Salesforce’s fiscal Q2 2027 beat and Claudeforce announcement reset the sector’s AI narrative. The iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is up 3% to $105.
Salesforce is trying its hardest to avoid being left in the pile of misfit software names created by AI. Is its own AI push working?
Salesforce and Anthropic launch Claudeforce, bringing live CRM data and AI sales workflows into Claude as enterprise software goes headless.
Salesforce beat earnings and expanded its Anthropic partnership, undercutting fears AI would replace enterprise software.
Salesforce delivered a strong Q2 FY2027 with 11% revenue growth, 12% subscription growth, and raised full-year guidance. Click here to read more on CRM.