CRM Stock Is Down More Than 30% This Year, But Marc Benioff Says Salesforce's Blowout $11.1 Billion Quarter May Be A 'Sign'

Salesforce reported its first $11.1 billion quarter with strong metrics including $6.7 billion operating cash flow and a 152% increase in processed tokens. However, the stock declined after the company provided Q2 revenue guidance of $11.27-$11.35 billion, slightly below analyst expectations. Despite the SaaS sector weakness, CEO Marc Benioff remains optimistic about the company's shift toward autonomous AI, though Agentforce still represents less than 5% of total sales.