Jim Cramer: Salesforce (CRM) Struggling Amid AI Competition

Reported 1 day ago

Salesforce, Inc. (CRM) shares fell 4.9% after the company's revenue guidance for the third quarter missed analyst expectations. Jim Cramer pointed out that while Salesforce had solid past performance, the threat from AI competitors like Amazon is causing concerns among investors. He noted the company's challenges in maintaining its customer base and highlighted preferences for greater growth in the software industry.

Source: YAHOO

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