CRM
Salesforce, Inc.
stockNYSE

Its CRM, they did it already

I think you are trying to apply logic to markets which generally doesn't work. More so in non buy and hold strats. Just simply go back and look at SMH days and see what ADBE, or really most SAAS companies do when SMH is up or down. I held CRM and ADBE puts earlier this year for really good gains so I was constantly watching. When the AI trade was pumping, SAAS went down. When the AI trade was pulling back, SAAS went up. They are inverse trades. At the end of the day short any SAAS is just long AI.

This year I wheeled CRM, HOOD, INTC, SOFI. CRM is my biggest loser by far. I got caught in the software drawdown in the beginning of the year and got caught selling calls way under cost basis and got caught when it rocketed back up and realized a -10k loss. INTC was printing for me since July, but has now had a -20% drawdown in the past week or two. HOOD has been doing decently for me. SOFI is just a dog of a stock but thankfully I'm not too extended there.

CRM and NOW are up

CRM wow

Today's biggest movers in my portfolios. 🟢 Biggest gainers: $CRM +4.37% $IREN +4.01% $NOW +2.09% 🔴 Biggest losers: $ADBE -2.41% $DRAM -2.40% $UBER -0.87% A mix of winners and losers, all part of the journey. 📈

Here are today's top pre-market performers showing the biggest moves before regular trading hours. ## 📈 Pre-Market Gainers: | Symbol | Company | Pre-Market | Regular Hours | Change | %Change | |:-------|:--------|:----------:|:-------------:|:------:|:-------:| | [CRM](https://marketrodeo.com/asset/CRM) | Salesforce, Inc. | 239.09 | 229.13 | +9.96 | +4.35% | | [IREN](https://marketrodeo.com/asset/IREN) | IREN Limited | 36.68 | 35.19 | +1.49 | +4.23% | | [IEX](https://marketrodeo.com/asset/IEX) | IDEX Corporation | 243.96 | 234.29 | +9.67 | +4.13% | | [ASTS](https://marketrodeo.com/asset/ASTS) | AST SpaceMobile, Inc. | 53.00 | 50.97 | +2.03 | +3.99% | | [BMY](https://marketrodeo.com/asset/BMY) | Bristol-Myers Squibb Company | 61.32 | 59.12 | +2.20 | +3.72% | ## 📉 Pre-Market Losers: | Symbol | Company | Pre-Market | Regular Hours | Change | %Change | |:-------|:--------|:----------:|:-------------:|:------:|:-------:| | [HONIV](https://marketrodeo.com/asset/HONIV) | Honeywell International Inc. Common Stock Ex Distribution When Issued | 240.10 | 256.01 | -15.91 | -6.21% | | [ALB](https://marketrodeo.com/asset/ALB) | Albemarle Corporation | 96.80 | 101.27 | -4.47 | -4.41% | | [SQM](https://marketrodeo.com/asset/SQM) | Sociedad Química y Minera de Chile S.A. | 61.50 | 63.91 | -2.41 | -3.77% | | [STLD](https://marketrodeo.com/asset/STLD) | Steel Dynamics, Inc. | 229.98 | 238.38 | -8.40 | -3.52% | | [SOXL](https://marketrodeo.com/asset/SOXL) | Direxion Daily Semiconductor Bull 3X ETF | 135.02 | 139.76 | -4.74 | -3.39% | Source: [Market Extended Hours](https://marketrodeo.com/market-extended-hours)

I agree. I'm not shaken up by this, free alternatives have existed forever and they aren't adopted at a mass scale by corporate customers. Don't see how this changes anything. Also what's you bet on during the down months? I personally am doing pretty well with my Microsoft bet so far but that was all I was willing to risk it on. I had my eye on the other smaller names like NOW, SAP, CRM, WDAY, etc... but missed the boat. Looking at either doubling down on my Adobe bet or open a position in Intuit possibly if it falls a little more.

CRM

Haven’t you stopped to think there’s a reason why TEAM, NOW and CRM have recovered and the rest have been left in the dust? Just because those companies are better positioned to thrive in the AI era doesn’t mean that something like HubSpot is.

ADBE is not just consumer design software though. They have an entire business suite that competes with / works with CRM and the rest for enterprise sales and marketing. And their design suite is part of that vertical business integration too. I think you just made a point in favor of ADBE

Yep. I assumed so too. I was mostly just confused by what they were doing for CRM if going with Shopify because it's not a CRM. Still, I appreciate you. Cheers.

ORCL ADBE CRM MCD NOW