Markets.News
Salesforce, Inc.'s AI revolution, as reflected in its recent stock performance and guidance for 2025, has not met expectations. The company's stock (NYSE: CRM) has fallen by 28% this year, contrasted with competitors like SAP, Microsoft, and Oracle who have seen strong gains. This decline signifies a waning confidence among investors in Salesforce's growth potential and its AI monetization capabilities. In the second quarter, Salesforce reported revenues of $10.24 billion, a 10% increase year-over-year, slightly surpassing analyst predictions. Adjusted earnings per share were $2.91, exceeding estimates by 4.7%. Despite this, CRM stock is currently experiencing a downward trend.