Salesforce stock jumps 18% on AI growth and Anthropic investment gain

Salesforce reported strong financial results in its fiscal second quarter ended July 31, driving a significant jump in its stock price. The company’s revenue climbed 11% year-over-year, while net income surged 87% compared to the prior-year period. On a per-share basis, the company earned $4.29 in net income, up from $1.96 a year earlier.
A substantial portion of the earnings gain came from strategic investment holdings. Salesforce recorded a $2.6 billion gain on investments linked to art