Salesforce Tops Estimates, But Stock Dips as AI Concerns Return
Salesforce shares edged lower late Wednesday. The company put out a second-quarter revenue outlook that missed what Wall Street was looking for, adding to pressure on a stock that’s already been under fire this year over AI concerns in the software sector. The stock last traded down 0.8% at $177.51, after Reuters reported it fell by about 3% after hours.