Salesforce Stock Just Soared. Thank Anthropic.

Salesforce stock surged 23% after reporting fiscal Q2 2027 earnings with adjusted EPS of $5.90, but $2.53 of that came from investment gains, primarily a $2.7 billion unrealized gain on its $5.1 billion stake in Anthropic. Excluding investment gains, the software business grew adjusted earnings per share about 16% year-over-year. The company also announced Claudeforce, a partnership with Anthropic integrating Claude into Salesforce's platform, which helps address concerns that AI could threaten Salesforce's business.