Salesforce Stock Jumps on Record Revenue and AI Deals

Salesforce's stock surged 3.55% in recent trading, driven by strong second-quarter earnings and record revenue.

The company posted a significant increase in AI-driven annual recurring revenue growth, which helped raise its fiscal 2027 outlook.

Additionally, Salesforce announced a partnership with Anthropic to deploy Claude AI across core platforms, including Slack and Agentforce. The rapid adoption of new AI features has fueled optimism for further user growth.

The stock is trading at $260.91, firmly above key moving averages, indicating bullish momentum across the short, medium, and long-term.