Salesforce Ventures Participates in Zipline's $1.5 Billion Funding Round
Salesforce Ventures participated in a $1.5 billion funding round for autonomous delivery company Zipline, which reached a $21.5 billion post-money valuation.
Stocks · News reference
Salesforce reported fiscal 2027 second-quarter revenue of $11.35 billion, raised its full-year revenue guidance, and announced the completion of its acquisition of Contentful alongside an agreement to acquire Fin.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Salesforce Ventures participated in a $1.5 billion funding round for autonomous delivery company Zipline, which reached a $21.5 billion post-money valuation.
The article compares Accenture and Oracle as enterprise technology investments. Accenture offers consulting services with strong free cash flow ($11.6B) and low debt (0.3x debt-to-equity), guiding for modest 3-6% growth. Oracle shows dramatic cloud infrastructure growth (121% YoY) with $664B in contracted backlog, but faces heavy capital expenditures ($28.5B quarterly) resulting in negative free cash flow and elevated debt (3.0x debt-to-equity). The author recommends Accenture as the steadier choice for patient investors, while acknowledging Oracle's higher growth potential if its massive data center investments pay off.
Apple reported record Q4 revenue of $114.5B with 12% growth and strong iPhone/Mac sales, but shares fell as gross margins are expected to compress to 45.5% due to unprecedented memory chip costs. Meanwhile, Palantir beat earnings but fell on slowing commercial contract growth, BBB Foods swung to profitability and surged 6%, and Vertex met expectations with modest gains. Election Day historically shows weak correlation to market returns, with the real drivers being company earnings and valuations.
Convoso has launched its new 'Convoso for Salesforce' integration, now available on the Salesforce AgentExchange platform.
Salesforce is making another acquisition, which represents significant news for the company's investors. The article headline suggests this development could be noteworthy for those holding or considering Salesforce stock.
Salesforce has entered into a definitive agreement to acquire Cresta, a provider of voice-first operating systems for customer experience.