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Salesforce Jumps as Cost-Cutting Moves Propel Profit Outlook

(Bloomberg) -- Salesforce Inc. gained more than 8% in extended trading after giving a profit forecast for the current quarter that topped analysts’ estimates, showing strong momentum in its cost-cutting campaign.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtStocks Slip as Traders Push Back on Rate Optimism: Markets WrapHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsBitcoin S...
New York United States Anurag Rana Bloomberg Businessweek Marc Benioff Bloomberg Television
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