Salesforce Stock Tanks On Weak Guidance Amid Hopes For Artificial Intelligence Boost
With software stocks already struggling, Salesforce (CRM) on Wednesday reported first-quarter earnings that topped estimates while revenue missed. July quarter revenue guidance for Salesforce stock came in well below expectations. Shares tumbled as investors await a boost from artificial intelligence products.X The enterprise software maker released the April-quarter Salesforce earnings report after the market close. Salesforce's sales growth has slowed despite an acquisition spree that included Slack Techn ...