Marc Benioff on foreign exchange
From Salesforce CEO Marc Benioff: Review Of The Quarter | Mad Money | CNBC · · CNBC
“One thing I want you to remember Jim and you remember this from two quarters ago that that foreign exchange environment right I was highly unpredictable and in that second quarter if we hadn't had that foreign exchange shift that occurred through brexit these numbers for the year might be a hundred to 150 million dollars higher we just reported an unbelievable year but our results can be tempered by the foreign exchange environment so we're appropriately conservative when we give you those numbers.”
On , Marc Benioff, Co-Founder, Chairman & CEO at Salesforce Inc, spoke about foreign exchange during Salesforce CEO Marc Benioff: Review Of The Quarter | Mad Money | CNBC on CNBC.
About Marc Benioff
Marc Benioff, chair and CEO of Salesforce, reported first-quarter fiscal 2027 results in May 2026, raising full-year revenue guidance to $45.9–$46.2 billion and reiterating subscription and support growth of about 11% year-over-year. He announced a $25 billion accelerated share repurchase as part of a $50 billion buyback authorization, stating the company is “returning incredible shareholder value” during a period he described as a “SaaS apocalypse.” Benioff has emphasized the growth of Agentforce, which he said has become an $800 million business, and highlighted Slackbot as a key AI interface within Slack, predicting that within two years “there’ll be more agents using Slack than people.” In interviews, Benioff described himself as “not a Democrat on the left” and “not a Democrat or Republican,” saying “I’m an American” focused on supporting the country. He has called for aggressive regulation of AI, comparing it to social media harms, and argued that China’s AI models are now competitive with U.S. models regardless of chip access. He also reiterated Salesforce’s philanthropic 1-1-1 model, noting over 10 million hours of volunteerism and $1 billion in grants. Benioff hosted Dreamforce 2025 sessions with Anthropic CEO Dario Amodei and Trump administration official David Sacks, discussing the future of AI agents and the need for smart regulation.