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Salesforce Surges 14% on Strong Earnings, Will Anthropic IPO Help CRM Push to Record High?

Salesforce Surges 14% on Strong Earnings, Will Anthropic IPO Help CRM Push to Record High?

TradingKey – On August 27 US Eastern Time, leading global SaaS company Salesforce (CRM) saw its stock price surge 13.6% in overnight trading, decisively breaking through the $230 mark to rise above $233, reaching its highest level since January this year. Salesforce’s sharp rally was driven by positive earnings, with its investment in and partnership with Anthropic serving as the core highlight.

According to the earnings data released after market close, Salesforce’s key metrics, including revenue, earnings per share, and forward guidance, significantly beat market expectations, providing strong fundamental confidence to the market, as detailed below:

Financial Metric

Actual Reported Data

Market Expectation

Total Revenue

$11.35 billion

$11.32…

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