Salesforce, a maker of cloud software, saw surging revenue and profit in the second quarter as customers have increasingly turned to its tools in the coronavirus pandemic.
The San Francisco company’s revenue rose to $5.15 billion, up 29 percent from a year ago, driven by the demand for its customer-relations software and new Work.com tools, which help people return to work. Profit jumped to $2.6 billion, up from $91 million a year ago, helped by a change to its international corporate structure that created tax benefits.
On Monday, the S&P Dow Jones Indices said Salesforce would replace Exxon Mobil on the Dow Jones index at the end of the month.
Nordstrom’s sales took a nosedive for a second