sfdc software - MARKETS
AI jitters have shaken software stocks, but Wedbush says the sell-off in Salesforce and ServiceNow looks overdone. So, is this buy-the-dip moment? Shares of CRM software giant Salesforce (NYSE:CRM) fell 4.1% in the afternoon session after new artificial intelligence model launches stoked fears about AI's potential to disrupt the traditional ...
Understanding the Context
The Motley Fool: 3 Beaten-Down Software Stocks: 2 to Avoid and 1 to Buy These three software giants have all taken a hit this year, but only one looks like a buy. ServiceNow boasts the fastest-growing revenue out of these three, but its stock's premium multiple demands ... MSN: Salesforce earnings: Can the software giant finally shake its AI ‘curse’? 24/7 Wall St.: Why the Indiscriminate Carnage in Software Might Be a Once-in-a-Decade Gift for Tech Bulls Why the Indiscriminate Carnage in Software Might Be a Once-in-a-Decade Gift for Tech Bulls Salesforce Inc CRM shares are tumbling on Friday.
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Key Insights
Investors seem to be reassessing the company's valuation now that its growth profile looks more like a mature software vendor than a high‑growth cloud ...