Salesforce soars 14% on Q2 beat, but Anthropic's stake bankrolls a third of the swing
Salesforce shares leapt on a fiscal Q2 beat and raised guidance, but the gaudy 87% net-income jump hides an uncomfortable truth: $2.6B of it came from marking up its Anthropic stake, not selling software. Revenue rose 11% to $11.35B, and Agentforce annualized bookings topped $1.5B, up 240%.