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0.0012825348924933 0.00271595624292709 0.00339494530365891 -0.00724254998113925 -0.0046020369671823 -0.00264051301395695 0.0077706525839306 0.00150886457940391
Stock impact report

Salesforce Earnings Highlight Critical Choices Facing Legacy Software Firms [Yahoo! Finance]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
If AI is an unstoppable force, SaaS wants to be an immovable object. And investors are looking to the software giant from San Francisco's biggest building to decide whether the industry will crack under AI's pressure or just sway around a bit. Salesforce shared mixed fourth-quarter earnings yesterday. Revenue rose an expected 12%, boosted by software sales from Informatica, which Salesforce acquired in November. But Salesforce's sales and services products, its two biggest lines, slightly missed expectations. The company expects revenue from the fiscal year that ends in January 2027 to be in line with estimates at $46 billion and said it's on pace to hit $63 billion in fiscal 2030, surpassing Wall Street's forecast. But investors still worry SaaS may be a dead man walking. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: US Housing Market Doesn't Have Much ‘Tailwind': Lowe's CEO and Who Will End Up Paying for Nvidia's Boom? Last Software Standing Show less Read more
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