{"id":698010,"date":"2026-05-27T22:12:10","date_gmt":"2026-05-27T22:12:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/698010\/"},"modified":"2026-05-27T22:12:10","modified_gmt":"2026-05-27T22:12:10","slug":"salesforce-sees-quarterly-revenue-below-estimates-amid-ai-disruption-fears","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/698010\/","title":{"rendered":"Salesforce sees quarterly revenue below estimates amid AI disruption fears"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">May 27 (Reuters) &#8211; Salesforce forecast second-quarter revenue below Wall Street estimates on \u200cWednesday amid ongoing concerns that AI \u200crivals such as Anthropic could rapidly disrupt demand for \u200btraditional software vendors.<\/p>\n<p class=\"yf-1fy9kyt\">Like its peers, Salesforce is contending with growing investor concerns that <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:AI tools;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AI tools&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AI tools<\/a> could pull enterprise clients away from \u200ctraditional software \u2060by taking over tasks once done by their products. Its shares \u2060fell 3% in extended trading.<\/p>\n<p class=\"yf-1fy9kyt\">Advanced coding tools by Anthropic and <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;OpenAI&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> have contributed to \u200ba recent \u200bselloff in software \u200bstocks, ushering in \u200cwhat Wall Street is calling a &#8220;SaaSpocalypse&#8221; \u2014 a term reflecting the gloom around software-as-a-service companies.<\/p>\n<p class=\"yf-1fy9kyt\">Salesforce shares have declined nearly 33% so far this year, after falling over 20% in \u200c2025.<\/p>\n<p class=\"yf-1fy9kyt\">The business software provider \u200bexpects second-quarter revenue to \u200bbe between $11.27 \u200bbillion and $11.35 billion, below analysts&#8217; \u200caverage estimate of $11.36 billion, according \u200bto data \u200bcompiled by LSEG.<\/p>\n<p class=\"yf-1fy9kyt\">Salesforce reported revenue of $11.13 billion for the first quarter ended \u200bApril 30, \u200ccompared with the estimate of $11.05 billion.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting \u200bby Juby Babu in Mexico City; \u200bEditing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"May 27 (Reuters) &#8211; Salesforce forecast second-quarter revenue below Wall Street estimates on \u200cWednesday amid ongoing concerns that&hellip;\n","protected":false},"author":2,"featured_media":698011,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,254452,49,48,61971,28253,61,254451,66130],"class_list":["post-698010","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-business-software","tag-ca","tag-canada","tag-investor-concerns","tag-salesforce","tag-technology","tag-traditional-software-vendors","tag-wall-street-estimates"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/698010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=698010"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/698010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/698011"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=698010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=698010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=698010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}