"Salesforce has navigated the AI transition more aggressively than most peers. Agentforce has scaled to $800 million in ARR, growing 169% year over year, with 29,000 deals closed since launch."
"The macro backdrop is shifting favorably. The VIX sits at 19.23 as of April 10, down 19% from the prior week and well off the recent peak of 31.05 on March 27."
Salesforce, Adobe, and Snowflake are experiencing notable stock price increases, with Salesforce up 5%, Adobe 6%, and Snowflake 9%. This rebound follows a difficult 2026, where Salesforce fell 37%, Adobe 35%, and Snowflake 44%. The sector's decline was driven by fears of AI disruption, macroeconomic uncertainty, and concerns over enterprise software spending. Recent improvements in macro sentiment and oversold conditions have contributed to this recovery, attracting value-oriented buyers into the software sector.
Read at 24/7 Wall St.
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