From Nasdaq: 2024-06-05 19:56:46

Despite solid bottom line results, Salesforce stock slumps over 20% due to revenue miss and lowered guidance. Tighter budgets and elongated sales cycles impacting enterprise customers. Management emphasizes importance of AI and data in maintaining competitive edge. Salesforce processes two quadrillion records of data and manages 250 petabytes, setting foundation for AI innovation.



Read more at Nasdaq: What About Salesforce’s Latest Report Upset Wall Street?