Salesforce's Growth Ambitions Are Stymied By Unpredictable AI Headwinds
CRMsalesforce(CRM) The Motley Fool·2024-06-19 19:25

The extent and timing of the enterprise market's embrace of the company's AI cloud software are uncertain. Salesforce's (CRM 0.58%) uninspiring first-quarter earnings, reported on May 30, startled investors, who expressed their displeasure by driving the stock down 20% -- the worst single-day price decline in the company's 20-year history. The company's revenue miss and weak guidance were cause for concern. But the more significant story is the onset of forces impacting the company that are as unpredictable ...