Salesforce Surges 2.04% on $1.93B Volume, Ranked 39th as AI Expansion and Institutional Buying Fuel Momentum

On October 9, 2025, Salesforce (CRM) surged to a 2.04% gain with a trading volume of $1.93 billion, ranking 39th among U.S. equities by volume. The stock's performance reflected renewed investor confidence following strategic updates in enterprise cloud solutions and a revised Q4 revenue forecast. Analysts noted that the volume spike aligned with broader market rotation into tech sector leaders amid easing macroeconomic concerns.

Recent developments highlighted Salesforce's expansion in AI-driven customer engagement platforms, including a partnership with a major hyperscaler to integrate generative AI tools across its CRM ecosystem. This move positioned the company to capture market share in the high-growth AI enterprise software segment, which industry observers estimate could reach $50 billion by 2027. Short-term momentum appears supported by institutional buying activity observed in pre-market futures trading.

To run this back-test properly we need two additional pieces of information: 1. Universe definition - Should we scan all U.S. listed equities each day, or restrict the search to a fixed universe such as the Russell 3000 or S&P 500 constituents? (The broader the universe, the heavier the data load.) 2. Trade-price convention - Enter at that day’s close and exit at next day’s close (typical for volume-rank strategies), or use the next open to exit? If you prefer a different convention, please specify. Once these are set, I can pull the daily volume rankings, generate the 1-day holding signals and run the portfolio back-test from 2022-01-01 through today.