Salesforce Awards Equity to Convergence.ai Employees Through Inducement Equity Incentive Plan
Salesforce Equity Awards: Salesforce has granted equity awards to new employees from Convergence.ai under its 2014 Inducement Equity Incentive Plan.
Plan Details: The Plan was established by the Salesforce Board of Directors in July 2014, adhering to NYSE regulations.
Award Conditions: The restricted stock units (RSUs) awarded are contingent upon the employees' continued service through the vesting dates.
Salesforce Overview: Salesforce provides AI-driven solutions for businesses, integrating various applications to enhance customer success.
Trade with 70% Backtested Accuracy
Analyst Views on CRM
About CRM
About the author

- AI-Driven Growth: Salesforce reported nearly $1.4 billion in annual recurring revenue from its Agentforce and Data 360 products in Q3, reflecting a remarkable 114% year-over-year increase, indicating strong momentum in AI that could drive future revenue growth.
- Free Cash Flow Increase: The company achieved $2.2 billion in free cash flow during Q3, up 22% year-over-year, demonstrating its ability to maintain robust cash flow while integrating AI, thereby enhancing financial stability.
- Revenue Growth Deceleration: Despite a 9% year-over-year revenue growth in Q3, the slowdown from the previous quarter's 9% raises concerns among investors about whether Salesforce's AI offerings might be cannibalizing its core business, potentially impacting stock performance.
- Future Revenue Commitments Growth: Salesforce's constant-currency growth rate of its future revenue commitments (cRPO) rose 11% year-over-year in Q3, indicating potential revenue acceleration in the next 12 months, which could bolster overall revenue performance if sustained.
- Market Volatility: US markets experienced volatility on Thursday due to escalating tensions between Washington and Iran, with the S&P 500 dropping 0.28%, the Dow Jones Industrial Average falling 0.54%, and the Nasdaq Composite declining 0.31%, reflecting investor concerns over geopolitical risks.
- Oil Price Surge: Concerns over potential military action in Iran pushed oil prices up nearly 2%, which could impact global energy market stability and exacerbate inflationary pressures, thereby affecting consumer spending and business costs.
- Blue Owl Liquidity Tightening: Blue Owl Capital's sale of $1.4 billion in loan assets led to a nearly 6% drop in its stock, raising alarms about the stability of the private credit market, which may also affect the stock performance of other asset management firms.
- Walmart Earnings Beat: Walmart's fiscal fourth-quarter results exceeded expectations due to growth in e-commerce, advertising, and its third-party marketplace, but its earnings forecast for the current fiscal year fell short of market expectations, potentially impacting investor confidence in its long-term growth prospects.
- Increased Holdings: TenCore Partners disclosed a purchase of 2,025 shares of MercadoLibre in Q4 2025, valued at approximately $4.25 million, indicating confidence in the Latin American e-commerce giant despite competitive pressures.
- Asset Management Proportion: This acquisition raised MercadoLibre's share to 6.16% of TenCore Partners' 13F reportable AUM, reflecting its significance in the investment portfolio and potentially influencing future investment decisions.
- Financial Performance: MercadoLibre reported a 37% year-over-year revenue growth in the first nine months of 2025, but rising costs limited net income growth to just 13%, indicating challenges in profitability that could affect stock performance.
- Market Outlook: Despite competitive pressures from Amazon and others, improving economic conditions in Argentina and Venezuela could provide opportunities for MercadoLibre's e-commerce business, suggesting that TenCore's increased investment may yield returns in the future.
- Stake Increase: TenCore Partners, LP increased its position in MercadoLibre by 2,025 shares during Q4 2025, with an estimated trade value of $4.25 million, reflecting confidence in the Latin American e-commerce giant.
- Value Growth: By year-end 2025, the value of MercadoLibre's stake rose by $2.80 million, showcasing the dual impact of market price changes and the purchase, thereby enhancing the fund's assets under management.
- Asset Allocation: TenCore Partners held 5,983 shares of MercadoLibre valued at $12.05 million, accounting for 6.16% of the fund's AUM, indicating its significance despite not being in the top five holdings.
- Market Challenges: Although MercadoLibre's revenue grew by 37% in the first nine months of 2025, profit growth was limited to 13% due to increased competition and rising non-performing loans, which may affect TenCore's investment returns.
Software and Services Stocks Resilience: Contrary to expectations, software and services stocks are not facing demise due to the rise of artificial intelligence.
AI's Impact on the Market: The introduction of AI technologies has not negatively impacted the performance of these stocks as previously feared.
Best Trade in 2026: The most profitable investment strategy in 2026 has been to buy semiconductor stocks while selling software companies.
Performance of Semiconductor Stocks: The iShares Semiconductor ETF has increased by 19% in 2026, following a 40% gain in 2025.
Struggles of Software Companies: In contrast, software companies have faced significant losses, with the iShares Expanded Tech-Software Sector ETF down 22% this year.
Quarterly Decline: The software sector also experienced an 8% decline in the fourth quarter of the previous year.










