Salesforce CRM has been gaining attention in the market, despite recent investigation claims and a concerning revenue miss. The company's ambition to leverage artificial intelligence (AI) in sales tech might significantly transform its next-generation products. Recent talks surrounding Salesforce's potential acquisition of Informatica, along with its previous acquisition of PoS startup PredictSpring, reveals its strategy to strengthen its Commerce Cloud offerings. Strengthening partnerships, for instance with Workday Inc., further augment Salesforce's AI capabilities and its overall retailing platform. While some analysts give a moderate buy recommendation, others are wary due to past earnings and the company's future projections. The company does project a recovery in the future, with shares recently rising 6% in a week. Despite certain setbacks, industry leaders are confident about its AI outlook. Institutional ownership remains high, reinforcing its status in the market. Nonetheless, investors are advised to thoroughly evaluate trends, especially international revenue streams, prior to investing.
Salesforce CRM News Analytics from Wed, 28 Feb 2024 08:00:00 GMT to Sun, 04 Aug 2024 15:45:00 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
