Salesforce is trading 4.6% down at $230.90 as disappointing results from ServiceNow and Fortinet weighed on software shares.

  • On October 29, 2026, ServiceNow was down 18.1% after a quarterly profit miss; Fortinet also had disappointing results.
  • The decline appears sector-driven as investors reassess traditional software growth and AI disruption, rather than respond to a reported Salesforce-specific catalyst. Salesforce fell alongside other software companies.