Overview
- Salesforce posted a narrow fiscal Q4 beat and said Agentforce ARR rose 169% year over year, but guided FY27 revenue growth to about 10.5% versus roughly 11.1% expected.
- The company announced a $50 billion share buyback, characterized as more than a quarter of its share count in management commentary.
- Analysts reduced price targets after the report, with Baird to $250 from $315, BMO to $225 from $235, and Piper Sandler to $250 from $280, while largely keeping constructive ratings.
- NVIDIA reported $68.13 billion in revenue and $1.62 adjusted EPS, with data center sales up 75% and next‑quarter revenue guided to about $78 billion.
- Media narratives intensified as Jim Cramer publicly defended both firms and CNBC reported, without confirmation, that NVIDIA may consider investing up to $30 billion in OpenAI.