Salesforce Stock Plunges over Fears of AI Stagnation – What’s Next for the Software Giant?
San Francisco, California – Salesforce Inc. shares experienced a significant decline, marking the largest drop in nearly 16 years. The software company’s latest projection indicates a potential slowdown in sales growth, sparking concerns about its ability to compete in the realm of artificial intelligence development. In a statement on Wednesday, Salesforce revealed that revenue is expected to increase by up to 8% to reach $9.25 billion by the end of July. This estimate represents the …