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NASDAQ:DD 4 February 2026

Salesforce (CRM) stock steadies after AI selloff jitters — what traders are watching next

Salesforce (CRM) stock steadies after AI selloff jitters — what traders are watching next

Salesforce shares edged up 0.1% to $196.54 Wednesday morning after a 7% drop the previous day, as software stocks faced heavy selling on AI disruption fears. Trading volume reached 11.1 million shares, with the stock swinging between $187.29 and $199.64. Investors are watching for Salesforce’s earnings and guidance for signs of demand and AI strategy.

Stock Market Today

  • Sims Limited Forecasts Strong FY2026 Earnings Amid Market Strength
    March 17, 2026, 11:40 PM EDT. Sims Limited, a metals and electronics recycling leader, projects FY2026 underlying EBIT between $350 million and $400 million. The positive outlook is driven by robust non-ferrous metals and memory chip markets. Sims Lifecycle Services expects EBIT of $165 million to $185 million, buoyed by sustained price strength. Operational impacts from the Middle East conflict remain limited to shipping and fuel costs. Following the earnings update, Sims shares rose over 9%. Analysts highlight Sims' value at about 16 times earnings, with a projected 41% increase, supported by insider buying and favorable market conditions that could prompt broker upgrades.
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