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The Latest Breaking News from Salesforce

AI costs spiral as firms lose spending control

Companies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Several global firms are now cutting back on AI spending, changing pricing, or rehiring engineers to manage ballooning costs, as AI currently costs more than it saves.

The Economic Times

AI Costs Are Forcing Big Companies to Put Limits on Workers: Report

AI Costs Are Forcing Big Companies to Put Limits on Workers: Report

Some of the country's biggest companies are beginning to ration access to AI for employers, track their usage more aggressively, and steer tem toward cheaper tools as costs rise faster than expected.

International Business Times

Salesforce Stock Finds Support as AI Momentum Builds

Salesforce Stock Finds Support as AI Momentum Builds

Salesforce is on track for a robust rebound as its growth and valuation set it up for a triple digit gain, and then another triple digit gain over time.

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How Is Salesforce's Stock Performance Compared to Other Technology Stocks?

While Salesforce has lagged behind its industry peers over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

AvePoint Conference: AI Governance Push Fuels AgentPulse Pipeline

AvePoint (NASDAQ:AVPT) executives said the company is broadening its position from its Microsoft roots into a wider data management, governance and AI security platform, with artificial intelligence driving new customer conversations and pipeline growth. Speaking at a Jefferies event hosted by anal

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

Salesforce CEO Marc Benioff revealed that the $145 billion firm is keeping its engineering team slim thanks to AI—but has good news for sales workers.

Oil prices climb, but US stocks hold near their records

Oil prices are clawing back some of their sharp drops from earlier in the week, but U.S. stocks are remaining near their records

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US stocks today: US stocks hold near records even as crude oil prices rise again

US stocks today: US stocks hold near records even as crude oil prices rise again

U.S. stocks hover near record highs despite economic pressures from the conflict with Iran. While oil prices rebound, strong corporate profits from companies like Dollar Tree and Snowflake are bolstering the market. Investors remain cautious amid conflicting reports on a potential U.S.-Iran deal.

The Economic Times

Salesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half

Salesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half

In the first quarter of fiscal 2027, Salesforce returned $27.5 billion to shareholders.

'It's gonna be awesome': Salesforce CEO Marc Benioff has high hopes for using AI in its products, says 'it's impossible to describe what we're gonna be able to do for customers'

'It's gonna be awesome': Salesforce CEO Marc Benioff has high hopes for using AI in its products, says 'it's impossible to describe what we're gonna be able to do for customers'

"Everything's gonna be cheaper to make, it's more efficient", says Salesforce CEO.

Salesforce Q1 Earnings Call Highlights

Salesforce (NYSE:CRM) reported what executives described as an “outstanding” fiscal 2027 first quarter, highlighting double-digit revenue growth, margin expansion, strong cash flow and accelerating adoption of its Agentforce artificial intelligence products. Chair and CEO Marc Benioff said Salesfor

Charter Communications confirms data breach — ShinyHunters blamed after threat to leak user info online

Charter Communications confirms data breach — ShinyHunters blamed after threat to leak user info online

ShinyHunters claims 40 million stolen records, including names, but Chartered says no PII taken.

Stock Index Futures Climb on AI Optimism and U.S.-Iran Peace Deal Hopes

Stock Index Futures Climb on AI Optimism and U.S.-Iran Peace Deal Hopes

June S&P 500 E-Mini futures (ESM26) are up +0.36%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.56% this morning as optimism surrounding artificial intelligence and hopes for a U.S.-Iran peace deal boosted sentiment.

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

Bill Winters, the CEO of Standard Chartered, says about 15% of “back office” corporate function roles will be reduced in the next four years.

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Option Volatility And Earnings Report For May 25-29

Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Dell Technologies, Marvell Technology, Snowflake, Salesforce and Costco all reporting.

GDP, Earnings and Other Key Things to Watch this Week

Markets enter the final week of May with a holiday-shortened trading schedule following Memorial Day Monday closure, compressing important economic data and high-profile earnings into four sessions.

Bridgewater Associates Is Trading the Software Apocalypse as It Sells Workday, Salesforce, Other Key SaaS Stocks

Bridgewater’s massive exit from top SaaS stocks is fueling fears that AI could upend the traditional software business model and reshape the next era of tech investing.

The Economic Times

Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk up

US stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields, with the PCE price index due Thursday. Futures now price in a potential Fed rate hike later in 2026, a stark contrast to earlier expectations. Key reports from Salesforce…

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The Great Cloud Divide: How AI Is Reshuffling the Software Deck

ServiceNow and Salesforce are charting divergent paths in the AI revolution, with one building core infrastructure and the other leveraging its massive scale.

The Economic Times

US software stocks attempt a rebound as investors reassess AI risks

The beleaguered sector's rebound coincided with a slide in chipmakers, which began to cool off following a blistering rally ‌that took ⁠the Philadelphia ⁠SE Semiconductor Index to a record high earlier this month.

The Economic Times

Salesforce India employees expand to 17,000

Salesforce has grown its India workforce to over 17,000 employees. The company's revenue has surged by more than 47 percent, reaching USD 1.5 billion. Salesforce has also introduced Agentforce voice in Hindi to enhance customer experiences. Efforts are underway to support other Indian languages. Tata Realty is a new client…

Exclusive: AI startup Viktor raises $75 million to put a virtual ‘coworker’ in Slack and Teams

The former Meta engineers behind Viktor say their AI agent has hit a $15 million revenue run rate in about 10 weeks.

7-Eleven confirms cyberattack, says 'personal information' may have been hit

A new filing with the Maine AG confirms what was known for weeks now - that ShinyHunters broke in to 7-Eleven and stole data.

AusNet rolls out unified customer connections platform to fast‑track services as grid demand rises

MELBOURNE, Australia, May 19, 2026 /PRNewswire/ -- AusNet, Australia's largest diversified energy network business, has collaborated with IBM Consulting (NYSE: IBM) and Salesforce to transform how customers and electricians request and manage electricity connections. The new single, unified platform gives AusNet the ability to deliver faster, more transparent services for…

How a book convinced Arundhati Bhattacharya, one of India's most powerful bankers, to try working for a U.S. tech company

Under Arundhati Bhattacharya, Salesforce’s South Asia headcount grew from 2,500 to over 18,000; India is now one of Salesforce’s fastest growing markets.

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