Salesforce's new AI platform GenAI, labelled as AgentForce, has sparked interest from
Wall Street analysts, putting it on par with
Microsoft.
Earnings reports suggest a slowdown in quarterly sales yet a potential growth in stock value. A collaboration with
NVIDIA elevates Salesforce’s position in the AI industry, which has led
Northland to upgrade Salesforce to ‘Outperform’. Salesforce mulls over consumption-led pricing models for AI agents and continues to innovate with initiatives such as integrating Tableau’s AI-powered ‘Pulse’ feature into its CRM platform. Despite global outages and insider selling, the company’s shares continue to trade higher.
COO Brian Millham sold his stocks, however, Park Avenue Securities, Heritage Wealth Management, and Newbridge Financial Services Group continue to invest in Salesforce. Notably, Salesforce intends to acquire
Tenyx and cross-expands to Israel among other acquisitions. The company also announced its new AI analytics platform,
Tableau Einstein and held its annual
Dreamforce Conference.
CFO Amy Weaver is expected to step down, adding an unexpected twist to the financial leadership of the company.
Salesforce CRM News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Sat, 05 Oct 2024 14:56:49 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor -3
