CRM is trading at $187.92 (-3.15%) in pre-market as software stocks face volatility over concerns that AI tools could disrupt traditional SaaS subscription-based pricing models.
- Salesforce recently cut fewer than 1,000 roles to support its AI pivot, with Q4 earnings results scheduled for release on February 25.
- Investor sentiment remains pressured by sector-wide uncertainty despite the company securing a landmark $5.6 billion U.S. Army AI contract in late January.