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A 22% single-session advance gave Salesforce its second-best trading day on record.
The catalyst was twofold: a second-quarter earnings report that beat expectations and an announcement expanding the company's AI partnership with Anthropic. Software stocks followed; Salesforce led a sector-wide rally.
What drove the move The second-quarter results were a strong beat. Anthropic extended its collaboration with Salesforce through an expanded AI partnership arrangement, though specific terms were not disclosed.
Together, the two announcements produced a session that ranks second in Salesforce's history as a listed company.
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