Salesforce Soars 14% as Claudeforce and a Guidance Raise End the Slump, ServiceNow Climbs 5%, Adobe Advances 3% Quick Read – Salesforce surged 10%, snapping a months-long slump, as Agentforce ARR hit nearly $3.9 billion and the Anthropic-built Claudeforce plugin launched with 37…
ebuilt sales skills. – IGV jumped 3% against QQQ’s 0.8% gain while Palantir slipped 0.2%, confirming a rotation into enterprise CRM software over pure-play AI names. – Non-GAAP EPS only matched consensus and GAAP net income leaned on a $2.6 billion Anthropic investment gain rather than pure operating results. – Enterprise software is leading Thursday morning after Salesforce’s fiscal Q2 2027 beat and Claudeforce announcement reset the sector’s AI narrative. The iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is up 3% to $105.19 this morning
At the same time, the Invesco QQQ Trust (NASDAQ:QQQ) is up 0.8% to $717.44, a clear tell that today’s strength is centered inside software rather than broad large-cap technology. Salesforce (NYSE:CRM) stock is up 14% to $234.90, ending a months-long slump. Additionally, ServiceNow (NYSE:NOW) shares are climbing 5% to $131.90 on the sympathy bid.
Adobe (NASDAQ:ADBE) stock is up 3% to $282.29, marking its own catch-up rally. The move matters because Salesforce stock was down 22% for the year through Wednesday’s close, the broken name inside enterprise software. The bears have argued for months that generative AI models could disintermediate legacy CRM platforms, dragging the multiple toward a value-trap zone.