Salesforce gains 46% in q3, launches claudeforce integration with anthropic's Claude
Salesforce posted a 46% gain in Q3 and announced Claudeforce, an integration that lets users tap Anthropic’s Claude AI assistant for email composition and record management. Microsoft also rose 37% in the same period, driven by Copilot AI tools and expanding Azure cloud services.
Key points
- Salesforce up 46% in Q3, introduces Claudeforce with Anthropic’s Claude
- Microsoft up 37% in Q3, driven by Copilot and Azure
- iShares Tech‑Software ETF rose 17%, semiconductor ETF fell 11%
The iShares Expanded Tech‑Software Sector ETF advanced 17% through the quarter, while the iShares Semiconductor ETF fell 11%. Other software names surged: Workday 55%, Veeva 60%, CrowdStrike 39%. In contrast, Corning fell nearly 40% and Caterpillar down 24%. CNBC’s Jim Cramer said the shift shows software firms can use AI for growth rather than face obsolescence. Oppenheimer researchers highlighted Microsoft, ServiceNow and Braze as AI beneficiaries, noting their distribution and automation strengths.
The quarter marked a reversal in sentiment toward enterprise software, with investors seeing AI as a growth driver rather than a threat.
The story so far
4 episodes →- Salesforce gains 46% in q3, launches claudeforce integration with anthropic's Claudethis story
Salesforce (CRM) and Microsoft (MSFT) Rally 46% and 37% as AI Fears Ease in Q3
blockonomi.com · 2 October 2026
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