U.S. stocks move: Salesforce rises 3.3% as last quarter's performance remains solid and plans to repurchase $50 billions in shares

Glonghui, February 26｜Customer service software provider Salesforce (CRM.US) rose 3.3% to $198.08. In terms of news, Salesforce announced its financial results for the fourth fiscal quarter ended January, with revenue up 12% year-on-year to $11.2 billion, slightly higher than the market expectation of $11.18 billion; net profit increased 13% year-on-year to $1.94 billion, and adjusted earnings per share were $3.81, higher than the market expectation of $3.04. Agentforce's annual recurring revenue surged 169% year-on-year to $800 million. In addition, the company announced a $50 billion stock repurchase plan and raised its quarterly dividend, with management characterizing this as an "excellent buying opportunity."