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When Salesforce released its fourth-quarter results on Wednesday, it went out of its way to convince investors that the AI revolution won’t spell its death. Salesforce reported a strong quarter with revenue of $10.7 billion, up 13% year over year. For the year, it reported revenue of $41.5 billion, up 10% from a year earlier, both results boosted by its $8 billion acquisition of data management company Informatica last May. Net income came in at $7.46 billion, and the company provided strong guidance for the coming year, forecasting revenue of $45.8 billion to $46.2 billion, an increase of 10% to…
Salesforce on Wednesday night reported better-than-expected fourth-quarter financial results for 2026 as its Agentforce artificial intelligence platform becomes increasingly embedded across its business. However, the stock fell in after-hours trading as investors remained concerned about the potential for AI to disrupt traditional enterprise software companies. LSEG said its revenue for the quarter ended Jan. 31 was $11.2 billion, up 12% from the same period last year, beating expectations of $11.18 billion. Adjusted earnings per share totaled $3.81, beating consensus estimates by 77 cents, according to LSEG data. Year over year, adjusted EPS increased 37%. CRM YTD Mountain Salesforce YTD Salesforce…
Kelly Ripa shares advice from Oprah Winfrey about ultimately leaving ‘Live with Kelly and Mark’kelly ripa may not have received a car from oprah winfreybut she did Receive valuable career advice. of live with kelly and mark The co-host revealed the sage advice he received when he wondered if it was finally time to end his 25-year-old talk show. “Let me give Oprah credit,” Kelly said. variety “She left the show at the 25-year mark, so I said to her, ‘Is this my cue?'” he said in an interview published on February 25. She’s like, “Don’t leave me.” Please stop.…
Potential buyers arrive during an open house for a home in Seattle, Washington, USA, on Sunday, January 18, 2026.David Ryder Bloomberg | Getty ImagesAlthough mortgage rates fell significantly last week, which helped prolong the rise in refinancing, homebuyer demand appears unimpressed.The Mortgage Bankers Association’s seasonally adjusted index showed that total mortgage applications were essentially flat, increasing just 0.4% from the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $832,750 or less, including origination fees for loans with a 20% down payment, decreased by 0.56 points to 0.53 points and from 6.17% to…
Nvidia on Wednesday reported strong quarterly results to end the fiscal year, but only beat the semiconductor giant’s guidance for the current quarter, showing that the AI boom continues to gain momentum. The company’s fiscal 2026 fourth-quarter revenue rose 73% from a year earlier to $68.13 billion, beating the Street’s expectations of $66.2 billion, according to estimates compiled by data provider LSEG. Adjusted earnings per share (EPS) rose 82% to $1.62, beating consensus estimates of $1.53, according to LSEG data. Nvidia stock fell slightly in extended trading, down about 50 cents to $195.35 per share. Immediately after the numbers were…
Hong Kong Reuters — A Hong Kong court on Thursday sentenced the father of a wanted democracy activist to eight months in prison under the city’s national security law for attempting to cancel his insurance policy and withdraw funds. Kwok In-san, 69, was found guilty on February 11 of “attempting to deal directly or indirectly with funds, other financial assets or economic resources” belonging to a “fugitive” under the city’s own National Security Law (also known as Article 23). He is the first person in the city to be charged and convicted of this crime. He pleaded not guilty and…
Do you know about the latest trendy tools for beauty and health? In case your FYP differs from ours, here is FaceTub’s TLDR: This is an ice face bowl that allows long-term immersion thanks to the integrated breathing tube. According to the brand, benefits include reducing facial inflammation, supporting mental clarity and energy, and regulating stress. Moreover, it is also loved by celebrities! While Kevin Jonas called this out as a product that came into his life in 2025, Joe Jonas told E! He gets credit for discovering it and incorporating it into Kevin and Nick’s lives. “FaceTub, I brought…
Check out the companies making headlines before the bell. GoDaddy — Shares fell 9% as the company expected lower-than-expected annual revenue due to slower AI-related adoption. GoDaddy said it expects revenue to be between $5.195 billion and $5.275 billion this year, below analysts’ consensus estimate of $5.28 billion, according to FactSet. Lowe’s — Shares of the home improvement retailer fell about 3% after the company announced lower-than-expected future outlook for the current fiscal year. The company expects earnings for the current fiscal year to be in the range of $12.25 to $12.75 per share, excluding certain items, below analysts’ consensus…
AI chatbots are becoming part of the lives of American teens, according to a report released Tuesday by the Pew Research Center. The most common uses of AI in this demographic include finding information (57%) and getting help with schoolwork (54%), but teens also use AI to fill roles typically filled by friends and family. 16 percent of U.S. teens say they use AI for casual conversations, and 12 percent use AI chatbots for emotional support and advice. While some teens may find comfort in talking to chatbots, mental health experts are wary. General-purpose tools such as ChatGPT, Claude, and…
Nvidia CEO Jensen Huang gives a keynote speech at the Consumer Electronics Show on January 6, 2025 in Las Vegas, Nevada.Patrick T. Fallon | AFP | Getty ImagesNvidia CEO Jensen Huang said the market miscalculated the threat of AI to software companies on Wednesday, hours after the semiconductor giant issued an upward revenue forecast on the back of strong demand for AI. “I think the market got it wrong,” Huang told CNBC’s Becky Quick, pushing back on concerns that AI agents could cannibalize the enterprise software industry.Instead, we expect a wide range of software companies to use agent AI to…