• Feb 26, 2025

Salesforce stock falls amid downbeat revenue outlook as Agentforce adoption lags

(Reuters) -Business software provider Salesforce forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its Agentforce platform, sending shares of the company down around 5% in extended trading. "Given how poor initial generative AI experiments were for many companies, they're not just writing blank checks until Salesforce shows them Agentforce actually works," said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The next quarter or two will be critical for Salesforce."

  • Feb 26, 2025

US gives Serbian oil company last-minute sanctions reprieve, says President Vucic

The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority-owned by Russian companies and runs the country's only oil refinery, President Aleksandar Vucic said on Thursday, citing a U.S. Treasury document. The United States placed sanctions on Russia's oil sector on January 10, and gave Russian oil company Gazprom Neft until Thursday morning to exit ownership of NIS.

  • Feb 26, 2025

Investors bet on sharpest US-Europe inflation divergence since 2022

Traders who bet on the future course of inflation foresee the sharpest divergence for three years between the U.S. and euro zone, driven by different growth paths, tariff threats and cheaper European energy after a potential Ukraine peace deal. That gap is not fully reflected in U.S. and euro zone bond yields, however, as investors are eyeing other factors including recent tepid U.S. economic data and expectations that European countries might need to spend more on defence.