Salesforce makes a big bet on booming tech market

From Yahoo Finance: 2025-05-29 18:07:00

Salesforce, a former software leader, has struggled to integrate AI into its platforms. Despite strong Q1 earnings and an optimistic forecast, the stock remains down 16% in the past six months. However, a recent $8 billion all-cash deal to acquire Informatica could be a game-changer for the company.

Salesforce CEO Marc Benioff believes the Informatica acquisition will redefine the industry and create a comprehensive data platform. Experts speculate that by adding Informatica’s data resources, Salesforce will have an easier time delivering on Benioff’s agentic AI vision, positioning itself as a key player in the market.

As other tech giants like Google, OpenAI, and Microsoft double down on agentic AI, Salesforce’s acquisition of Informatica comes at a critical time. While Salesforce stock may lag in the short term, experts believe this strategic move will help the company establish itself as a leader in the field of AI and remain competitive in a fast-growing market.

Benioff’s aggressive M&A strategy, criticized in the past, may now be the key to Salesforce’s success in the booming tech market. With 70 acquisitions since 2006, this latest move to acquire Informatica signals Salesforce’s commitment to innovation and growth in the evolving tech landscape. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling 500 points due to concerns about rising inflation and interest rates.

2. A new study by the CDC found that the Pfizer-BioNTech Covid-19 vaccine is highly effective in preventing severe illness and hospitalization among children aged 5-11.

3. President Biden announced a new plan to combat climate change, setting a goal to reduce greenhouse gas emissions by 50% by 2030, in line with global efforts to limit global warming to 1.5 degrees Celsius.

4. The United Nations reported that the number of people facing acute hunger worldwide has reached a new record high, with over 45 million people in 43 countries experiencing crisis levels of food insecurity.

5. In sports news, the Los Angeles Lakers defeated the Golden State Warriors in a thrilling overtime game, with LeBron James scoring a season-high 56 points to lead his team to victory.

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