The chapter examines Salesforce's slower revenue growth due to enterprise customers managing tighter budgets and reevaluating contracts, impacting the company's sales cycles. It discusses the challenge of strategic spending on Salesforce products amidst demands for AI investments and the significance of data for effective AI algorithms. The chapter also explores contrasting narratives about Salesforce's future potential, from strong AI-driven growth to a more stable model resembling Microsoft's business approach.
Sales slow for the software company. But is that the end of the growth story?
At (00:21), Tim Beyers and Mary Long break down Salesforce earnings and ask whether the stock’s slump is warranted.
Then, at (17:22), Asit Sharma and Ricky Mulvey take a look at some companies that could ride the tailwinds of Nvidia’s standout earnings.
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Companies discussed: CRM, SNOW, AMZN, NVDA, AMD, MSFT, MU
Host: Mary Long
Guests: Tim Beyers, Asit Sharma, Ricky Mulvey
Engineer: Tim Sparks
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