US Stock Market Move | Salesforce, Inc. (CRM.US) surged over 18% after reporting Q2 performance and guidance that exceeded expectations.

On Thursday, Salesforce, Inc. (CRM.US) opened strong and continued to climb, with a rise of over 18% as of press time, bringing the stock's cumulative increase to nearly 50% since July. In terms of news, the company reported second-quarter results and guidance that exceeded expectations. Q2 revenue was $11.35 billion, up 11% year-over-year; net profit was $3.53 billion, an increase of 87% year-over-year. The Q3 revenue guidance is between $11.42 billion and $11.5 billion, with remaining performance obligations at $33.5 billion, both surpassing market expectations. The annual recurring revenue from AI products is nearing $4 billion, with Agentforce experiencing a 240% year-over-year surge. The company also announced a deep collaboration with Anthropic to launch "Claudeforce."