Salesforce Stock Sell-Off: Wall Street Reacts to AI Agent Concerns
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Salesforce Inc. (CRM) shares fell over 5% after the company’s full-year outlook disappointed investors, raising concerns about its AI agent, Agentforce. CFO Amy Weaver indicated that Agentforce's revenue contribution is expected to be modest in fiscal '26, impacted by a stronger U.S. dollar and weak professional services. While some analysts express caution regarding development costs and competition, others remain optimistic about Salesforce's long-term growth potential, with expectations for the stock to reach US$500 in the coming years. Investors are advised to monitor Agentforce's adoption and performance closely.
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