Stock Market Update

[BRIEFING.COM] The major averages are a touch off of their session lows, with the DJIA (+0.2%) moving back into positive territory, while the S&P 500 (-0.7%) and Nasdaq Composite (-1.4%) remain firmly lower. 

Salesforce (CRM 198.03, +6.28, +3.28%) is the top-performing name in the Dow after being indicated lower in the premarket following its Q4 (Jan) results last night. The company delivered a sizeable EPS beat while revenue was in line, increasing 12.1% year-over-year to $11.2 billion. Q1 guidance came in above expectations with EPS of $3.11-3.13 and revenue of $11.03-11.08 billion. However, FY27 guidance was more mixed, coming largely in line with EPS of $13.11-13.19 and revenue of $45.8-46.2 billion, implying 10-11% growth. With that outlook, including roughly a 3% contribution from Informatica, excluding it suggests a growth rate closer to FY26's pace (+9.6%), keeping questions on whether CRM can deliver a clearer organic reacceleration as AI products scale.