Cloud computing giant Salesforce ($CRM) is making headlines after its recent Dreamforce event where management made the case that the company is

Salesforce has defined the SaaS model with its CRM suite of digital tools, applicable to a multitude of businesses.

Shares of customer relationship management software maker Salesforce (NYSE:CRM) jumped 5.9% in the afternoon session as markets roared back after an initially muted response to the Fed's rate cut, which sparked a renewed appetite for risk assets.