Salesforce Forecasts More Than $63 Billion in Fiscal 2030 Revenue at Dreamforce

According to CNBC, Salesforce forecast more than $63 billion in fiscal year 2030 revenue at its Dreamforce Investor Day, above the $59.2 billion analysts expected, and unveiled AIforce, a live interface across its ecosystem, along with Koa, its first reasoning model developed with Nvidia. The company also said it has bought back a cumulative $60 billion of stock. The article also said the Dow fell 1.7% last week for its third straight weekly loss, while the S&P 500 slipped 0.08% and the Nasdaq gained 0.7%. It said the Federal Reserve raised rates by a quarter percentage point to a range of 3.75% to 4%, its first hike in three years, and that West Texas Intermediate crude and Brent crude hit their highest levels since the middle of May before easing later in the week.