Salesforce's Shares Beat Expectations with a 16% Surge | 2 March 2023 | Daily Morning Note

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Salesforce's shares soared 16% in extended trading on Wednesday after the cloud software maker beat Wall Street estimates on profit and issued a better-than-expected forecast. Salesforce’s revenue grew 14% year over year in the fiscal fourth quarter, which ended on Jan. 31, consistent with the previous quarter, according to a statement.

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