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Salesforce, Inc. (CRM) Announces Updates to its AI and Data Cloud Platforms
Yahoo Finance· 2025-09-30 20:47
Core Insights - Salesforce, Inc. (NYSE:CRM) is recognized for its strong profitability outlook and is included in a list of stocks expected to double in value over the next five years [1] - The company announced updates to its AI and Data Cloud platforms, including Salesforce Starter for SMBs and Agentforce for AI-powered agents, aimed at enhancing customer engagement and streamlining operations [2] - CEO Marc Benioff sold 2,250 shares for $553,162 while exercising options, maintaining a significant ownership stake with 11.9 million directly owned shares and 10.1 million indirectly held shares, indicating his commitment to the company [3] - Salesforce remains a global leader in customer relationship management technology, offering products like Agentforce, Data Cloud, and Slack [4] Company Developments - The recent updates to Salesforce's platforms are designed to accelerate digital transformation and improve workplace communication [2] - The company boasts a market capitalization of $229 billion and maintains a gross profit margin of 77.65% [3] Investment Perspective - While Salesforce is viewed as a strong investment, there are opinions suggesting that certain AI stocks may offer greater upside potential with less downside risk [5]