๐ Salesforce $CRM up ~5% while tech tanks โ Agentforce just hit $1.2B ARR
While chipmakers and AI hardware names got hammered this week, Salesforce ($CRM) is bucking the trend with a ~5% gain, standing out as one of the few big tech names in the green. The catalyst: Agentforce โ Salesforce's autonomous AI agent platform โ reached $1.2 billion in annual recurring revenue at the end of Q1 2026, shutting up skeptics who said enterprise AI adoption would be slow to monetize. Guggenheim recently upgraded $CRM to Buy with a $228 price target, calling the bearish AI disruption narrative a hallucination. It looks like investors are rotating from AI hardware into software names with real, measured AI revenue. Is Salesforce finally having its AI moment? Not financial advice.