$Salesforce.com(CRM)$
Salesforce is forecasting its "first-ever single-digit" sales growth for Q2.
People thought AI was going to boost profits for $CRM, but that doesn't seem to be the case yet.
A lot of the focus by CIOs on AI seems to be coming at the expense of expansions at Salesforce.
CEO Benioff said, “We’re incredibly well positioned to help companies realize the promise of AI over the next decade.”
However, Street consensus doesn’t expect generative AI features within Salesforce applications to boost revenue until 2025 or 2026.
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