Today: 3 April 2026
Salesforce stock rebounds as Dow firms; Benioff’s Davos AI warning keeps CRM in focus

Salesforce stock rebounds as Dow firms; Benioff’s Davos AI warning keeps CRM in focus

NEW YORK, Jan 22, 2026, 12:08 PM EST — Regular session

Salesforce (CRM.N) shares climbed roughly 1.7% to $225.25 on Thursday, buoyed by a tech-driven rally in U.S. equities. The stock fluctuated within a range of $221.28 to $226.55.

Salesforce rebounded following a tough stretch. The stock dropped 3.1% on Tuesday, ending the day at $220.07, down roughly 40% from its 52-week peak, according to MarketWatch data. MarketWatch

This is crucial since Salesforce serves as a barometer for major corporate software spending. Investors have slammed cloud stocks at the slightest sign that deal cycles are dragging out. Once risk appetite picks up, shorts and underweight funds tend to react swiftly.

Sentiment lifted after President Donald Trump eased his tariff threat on Europe, with economic data showing steady demand, Reuters reported. “The selloff that we saw had nothing to do with the Sell America trade,” said Elias Haddad, global head of markets strategy at Brown Brothers Harriman. Reuters

Salesforce made news as CEO Marc Benioff called for stricter rules on AI chatbots during the World Economic Forum in Davos. “It can’t be just growth at any cost. There has to be some regulation,” Benioff told CNBC, per SFGATE.

The issue is far from theoretical. Reuters revealed this week that AI hiring platform Eightfold, which counts Salesforce among its clients, faces a lawsuit in California. The suit alleges violations of U.S. credit-reporting laws related to job applicants. Reuters

Salesforce, known for its customer-management software, has been promoting “Agentforce,” a new feature that enables clients to deploy AI agents—software designed to process inputs and execute tasks—across various business functions. Reuters

Salesforce was one of the gainers early on, giving the Dow a boost, with Procter & Gamble also playing a key role in lifting the index, MarketWatch reported. MarketWatch

That relief rally might not last. Renewed tariff tensions, changes in rate forecasts, or fresh legal challenges tied to AI tools could drag down pricey software stocks, even without any major company updates.

Next up: earnings. Salesforce hasn’t set a date yet, but MarketBeat projects results will drop Feb. 25 after the market closes. Traders will be zeroed in on guidance and bookings — that’s new contracts signed — for signs of demand heading into the new fiscal year. marketbeat.com

Stock Market Today

  • Genel Energy Shares Drop Below 200-Day Moving Average Amid Analyst Buy Ratings
    April 3, 2026, 3:08 AM EDT. Genel Energy plc (LON:GENL) shares fell below their 200-day moving average of 61.29 GBX, trading as low as 50.56 GBX on Thursday before closing at 51.90 GBX with a volume of 718,836 shares. The 200-day moving average is a common technical indicator used to gauge long-term price trends. Despite the recent dip, Jefferies Financial Group maintained a "buy" rating with a 90 GBX price target. Genel Energy, an oil producer operating primarily in the Kurdistan Region of Iraq, holds a market cap of £142.90 million. The company's debt-to-equity ratio stands at 25.84, and its price-to-earnings ratio is -2.63, reflecting current financial challenges. Analysts maintain an average "Buy" rating with a consensus target of 85 GBX, highlighting expectations for recovery and dividend resumption.
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