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Why Salesforce Stock Was Climbing Today

TheMotleyFool

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Why Salesforce Stock Was Climbing TodayPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

Shares of Salesforce (NYSE: CRM) were bouncing back today after the software sector got pounded yesterday in response to Citrini Research's doomsday AI blog post.

Today, Salesforce and its peers were gaining even as Anthropic released a new set of tools and plug-ins, perhaps a sign that the sector has found some resilience or even a bottom. Salesforce also benefited from some favorable analyst notes ahead of its fourth-quarter earnings report tomorrow afternoon.

As of 2:24 p.m. ET, the stock was up 4.3%.

Source Fool.com

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