On October 1, Salesforce.com rose 3.58% in pre-market trading, trading at 237.5 USD/share, with turnover of approximately $7.43 million. The move was driven by the company's announcement of a definitive agreement to acquire AI-powered client research platform Listen Labs, alongside softer-than-expected PCE inflation data that broadly lifted the technology and software sectors.

Salesforce.com stated the Listen Labs acquisition will complement its Marketing Cloud and Service Cloud businesses while expanding its broader AI product portfolio. The deal is expected to close in fiscal Q4 2027. The acquisition reinforces the company's AI strategy, which has been a central theme since the Dreamforce conference, where it unveiled a $63 billion fiscal 2030 revenue target, launched the KOA CRM reasoning model with NVIDIA, and announced expanded partnerships with AWS and Google Cloud.

Meanwhile, the Bureau of Economic Analysis reported PCE inflation data below market expectations, fueling a broader recovery in tech and software names, with the Nasdaq Composite rising over 0.8% in the prior session. Notably, UBS had previously flagged pricing concerns around Salesforce.com's AIforce product, and an Oppenheimer survey showed limited near-term demand inflection, suggesting the AI monetization trajectory remains a point of debate.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)