Salesforce’s stock has dropped nearly 30% this year, with revenue growth expected to dip below 10%. Despite touting AI capabilities, the company’s valuation has plummeted, with a forward P/E of 18. Investors are skeptical if Salesforce can deliver on its AI promises, with its latest earnings expected to show modest growth. The market is pricing Salesforce as a slow mover, not a tech leader. Concerns about AI bubble and competition are weighing on the company’s stock, as it struggles to prove AI’s impact on its bottom line. Salesforce is facing pressure to show real AI progress, not just talk.

Read more at Yahoo Finance: Why the market isn’t buying it