Salesforce Shares Surge 12% After-Hours on Strong Earnings and Anthropic Investment Gains

Salesforce shares rose 12% in after-hours trading following a quarterly report that exceeded Wall Street expectations. The company posted $11.35 billion in revenue and a net profit of $3.53 billion, marking an 87% year-over-year increase. Gains were bolstered by a $2.6 billion return on its investment in Anthropic. Salesforce provided a positive outlook, projecting third-quarter revenue between $11.42 billion and $11.5 billion, and raised its full-year revenue guidance to a range of $46.1 billion to $46.4 billion.