Salesforce

CRM

Market cap $183B

Salesforce, Inc. (CRM) Discusses Agentic Enterprise Architecture Evolution and Innovation Transcript

Salesforce shows signs of a short-term bottom and counter-trend rally, but heavy resistance overhead keeps the broader downtrend and downside risks in focus.

Block's layoffs exacerbated concerns that artificial-intelligence could decimate employee counts and hurt demand for software.

Nvidia (NVDA) delivered strong earnings and guidance, but high expectations triggered a 'sell the news' reaction and ongoing valuation concerns. AI infrastructure demand remains robust, yet NVDA faces supply challenges and heightened market sensitivity to any potential shortfall.

Wall Street's so-called “SaaSpocalypse”, that is, the sharp drop across traditional software companies in recent weeks, has been driven by one dominant fear: that artificial intelligence (AI) will automate away the very functions of these software companies. If AI can enable its customers to handle tasks such as marketing workflows, customer relationship management, and identity verification autonomously, why would they pay premium subscription fees to companies that provide software-as-a-service (Saas)?

Jensen Huang's $78 billion April guidance number and Marc Benioff's AI monetisation roadmap have given tech bulls their first clean arguments against the doomsday narrative that has hammered software stocks all year It has been a rough start to 2026 for tech investors. A creeping fear that AI models from Anthropic, OpenAI and others would hollow out existing enterprise software has weighed on names from Salesforce to Microsoft to CrowdStrike, creating what Wedbush analysts call the "AI Ghost Trade," a wave of selling built on the premise that the software layer is about to be disintermediated by foundation models.

Amid 2026 market volatility, HSBC, STN and CRM stand out after announcing fresh dividend hikes, offering investors steady income as uncertainty lingers.

Market volatility has triggered indiscriminate selling across sectors. Rayonier trades at a deep discount despite strong long-term fundamentals. Blue Owl Capital sold off on credit fears, but results and insider buying tell a different story.

Shares in Salesforce were initially lower following the release of Q4 results that included lower-than-expected forward guidance. Results were otherwise positive, with notable growth from its AI product, Agentforce. Ahead of the release, the stock was down about 30% to start 2026.

Salesforce's fourth-quarter top-line growth rate was impressive. When adjusting for a recent acquisition, Salesforce's fiscal 2027 revenue guidance is arguably disappointing.