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Salesforce

$CRM (-0.29%) Down 25% YTD. I’ve been waiting in the red for couple weeks now, I might have to start adding some bread again. Earnings were positive in my view, and they just did an acquisition which will benefit the company in the future. What could be the reasons for this sell off? 🤔

2 Comments

Toni@Goldmann85

The takeover was a really sustainable step and I also thought the earnings were ok.
I think the market is currently reacting too sensitively to AI news if it is not bombastic news.

I think the new AI models for sales are incredibly good and the demos were very promising. The next generation of support agents, including telephone support, are also mega.

Only the pricing structure still gives me a lot of stomach ache, as Salesforce is bringing the system of DLCs into the Saas area like $UBI and charging extra for every nonsense.
Other providers in particular are becoming more and more interesting, as they offer comparatively comprehensive complete packages and don't upsell you for every function.

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Memo0606@Memo0606

maybe DEEP SEEK

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