Investor sentiment may also be benefiting from Salesforce’s growing exposure to artificial intelligence through its stake in Anthropic. Bloomberg reported Monday that Salesforce’s investment in the AI startup is now worth about $5 billion.Salesforce To Invest $2 Billion In FranceSeparately, Salesforce announced Monday that it will invest $2 billion in France through 2030, expanding its artificial intelligence capabilities and strengthening its presence in one of its largest European markets.The investment includes a new AI Innovation Hub in Paris, workforce training initiatives and continued ecosystem expansion.The company said Paris will host its first European Union AI Innovation Hub, supporting AI development, customer collaboration and skills training.Salesforce also plans to hire in cybersecurity, data, agentic AI and deployment engineering while advancing data sovereignty initiatives through local cloud and AI partnerships.Salesforce highlighted growing adoption of its Agentforce platform among French organizations, including Bouygues, Laboratoires Pierre Fabre and Adecco Group.It also announced more than $2.6 million in grants for French nonprofits and launched an Agentic Academy with the Simplon Foundation to train at least 2,000 people in AI-related skills.Is The Stock Finally Reversing Long-Term Downtrend?From a technical perspective, the stock has staged a sharp rebound. Salesforce is trading 17.3% above its 20-day simple moving average and 16.1% above its 50-day moving average. Those levels point to strong near-term momentum.However, the longer-term picture remains less convincing. The stock is still 5.1% below its 200-day moving average, suggesting the broader downtrend has not been fully reversed.Trend signals also remain mixed. The 20-day moving average sits below the 50-day moving average, while the 50-day average remains below the 200-day average. Those bearish crossover patterns indicate that longer-term trend repair is still underway. That backdrop is consistent with Salesforce’s 19.8% decline over the past 12 months.Momentum indicators are improving, though. The MACD remains above its signal line and the histogram is positive, indicating buyers are gaining control and downside pressure is easing.Technically, the next key resistance level sits near $251, where traders may look to take profits. On the downside, support is around $170.50, an area that previously attracted buyers and could serve as a key floor if momentum weakens.Analyst Consensus & Recent ActionsThe stock carries a Buy rating with an average price forecast of $245.59. Recent analyst moves include:
What's Going On With Salesforce Stock Monday? - Salesforce (NYSE:CRM)
Salesforce hits key moving averages after a 10% rally, but faces resistance at $251. See the full technical breakdown.
















