Salesforce Stock Climbs on Strong Earnings and AI Demand

Salesforce Inc. (NYSE:CRM) is continuing its upward trend on Thursday, building on momentum that began after it reported strong fiscal second-quarter 2027 earnings last week.

The tech giant posted revenue of $11.35 billion, exceeding the consensus estimate of $11.32 billion. Adjusted earnings came in at $5.90 per share, beating expectations of $3.27 per share.

Revenue rose 11% year-over-year, and total remaining performance obligations reached $66.5 billion, also up 11% year-over-year. CEO Marc Benioff praised the results, saying 'We just delivered one of our best quarters ever, outperforming across every key metric.'

Salesforce is not alone in its success; the broader enterprise software sector is experiencing a strong wave of positive sentiment today, driven by accelerating AI demand across the industry.