Jim Cramer discussed Salesforce, Inc. (NYSE:CRM) amid its 23% year-to-date share loss in a struggling software stock market. Concerns arise as AI technology diminishes reliance on SaaS firms like Salesforce. After a disappointing earnings report, Cramer emphasized the impact of non-real workers on the market.
Cramer delved into Salesforce, Inc. (NYSE:CRM) post-earnings, focusing on key components like sales and earnings beats, cash flow, and future projections. While the company exceeded some expectations, weaker cash flow and softer guidance lines left analysts questioning Salesforce’s performance.
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Read more at Yahoo Finance: Jim Cramer Discusses Decline In Salesforce, Inc. (CRM)’s Shares