New Delhi, Feb. 26 -- Salesforce shares are likely to open Thursday's session lower on Wall Street, as they traded 4% lower in pre-market trade at $183.79 on the NYSE after the cloud software provider gave a lukewarm outlook for sales growth in the new fiscal year, fuelling investors' worries that the software giant could lose out to new competitors in the age of AI, even as the company reported a healthy performance for the quarter ending 31 January.
The shares declined about 5% in extended trading on Wednesday, after it published results for its fiscal fourth quarter, which ended on 31 January.
The company projects $46 billion in revenue in the fiscal year ending January 2027, trailing below Wall Street projections. It sees adjusted e...
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