Salesforce jumps on guidance

Salesforce Revenue and AI Strategy - Salesforce anticipates achieving a revenue target of $60 billion by 2030, exceeding the Wall Street consensus of $58.4 billion [2] - Salesforce's AI agents are expected to transition from proof of concept to production in the second half of 2026 [4] - Bank of America analysts suggest Salesforce's growth has bottomed out and is likely to accelerate [3] - Goldman Sachs analysts believe Salesforce's operating model can yield rising margins while preserving innovation [3] Oracle's AI Investment and Profitability - Oracle is investing heavily in data centers to prepare for AI, with capital expenditures reaching as much as $35 billion this year, leading to negative free cash flow [6] - Oracle's cloud infrastructure revenue is projected to increase from $10 billion last year to $144 billion by 2030 [11] - Oracle has a $300 billion deal with OpenAI, among other clients like XAI and Anthropic [12][13] - Investors seek clarity on Oracle's long-term profitability picture, particularly regarding its cloud business margins [10][11] Market Sentiment and AI Investment Cycle - Salesforce shares are down approximately 25% this year [5][15] - Oracle's stock has performed strongly, up nearly 80%, as investors believe in its AI transformation [15] - The AI investment cycle is still in its early stages [17]