Salesforce CEO says Dreamforce is staying in San Francisco after reaching deal with mayor

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Summary

Salesforce announced in a Tuesday social media post that the business software makers Dreamforce conference for customers and partners will remain in San Francisco for one more year. The statement comes months after Marc Benioff, the companys co-founder and CEO, told the San Francisco Chronicle the Dreamforce event that was planned for 2023 might be the last one in the city. Some other technology companies, such as Google and Oracle , have chosen to move their events elsewhere as media outlets have played up homelessness, drug use and theft in parts of the city. London Breed, San Franciscos mayor, thanked Benioff in a post on X, formerly known as Twitter, that included a photo of the two, clad in Golden State Warriors basketball apparel. Heres what they are • These two banks just hiked their 1-year CD yield to 5.3% • A prudent way to bet on a bounce in Apple following its post-earnings decline • Stifel says the S&P 500 will keep climbing wall of worry to hit 4,400, gives 10 stocks to play rally

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