NEW YORK, Jan 22, 2026, 18:09 EST — After-hours.
- Salesforce shares rose about 3% on Thursday, snapping a sharp slide earlier in the week.
- The move tracked a broader rebound as investors dialed back geopolitical and tariff fears.
- Traders are now looking toward Salesforce’s next earnings update in late February.
Salesforce (CRM) shares were up 2.9% at $228.09 in after-hours trading on Thursday, after swinging between $221.28 and $228.65 in the session. After-hours trading is trading outside the 9:30 a.m. to 4 p.m. regular U.S. stock market session.
The stock’s bounce came as investors extended a two-day bid for risk assets after President Donald Trump stepped back from threats tied to Greenland and tariffs on European allies. “The market tends to react to emergencies, and it seems the emergency aspect of this is over for now,” Rick Meckler, a partner at Cherry Lane Investments, said. Reuters
Fresh U.S. data also helped. Gross domestic product for the third quarter was revised up to a 4.4% annual rate, and corporate profits were revised higher, the Commerce Department said.
On Wall Street, the S&P 500 rose 0.5% and the Dow gained 0.6% on Thursday, adding to Wednesday’s rebound as tariff threats faded back.
Salesforce had been on the back foot. The stock fell 3.1% on Tuesday to $220.07, its eighth straight daily decline, as tech shares slid with the broader market.
Software peers also moved higher on Thursday. ServiceNow rose 2.6% and Oracle gained 2.5%, while Salesforce climbed nearly 3%, according to market data tracked by MarketWatch.
The move leaves investors back where they started: watching whether Salesforce can turn its AI push into steadier growth. In December, the company raised its fiscal 2026 revenue and adjusted profit forecasts, pointing to demand for its AI features, Reuters reported.
But the downside case has not disappeared. Salesforce shares slid sharply in September after a softer revenue outlook raised questions about the timing of returns from AI spending, Reuters reported at the time.
The next test is earnings. Nasdaq data shows Salesforce is estimated to report on Feb. 25, a date it flags as algorithm-derived and not company-confirmed.
Before then, traders will keep one eye on Washington. The tariff start date of Feb. 1 was the line in the sand markets were bracing for this week before the White House stepped back, Reuters reported on Wednesday.
Related articles: NASDAQ:CRM
