Why Salesforce.com Stock Popped Today

Shares of Salesforce.com (NYSE:CRM) rose 2.5% on Wednesday after the cloud titan delivered strong fiscal 2022 second-quarter results and boosted its full-year outlook. 

So what

Salesforce’s revenue jumped 23% year over year to $6.34 billion. Rising demand for digital transformation services is driving growth across the software provider’s business lines.

“Our Customer 360 platform is now fueled by a herd of unicorns perfectly designed for this all-digital world,” CEO Marc Benioff said in a press release. “Sales, Service, Marketing & Commerce, Platform, Tableau, MuleSoft, and now Slack are all billion-dollar-plus products delivering customer success like no other company.” 

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