CRM
Salesforce, Inc.
stock NYSE

It's not about pushing someone out of the industry. It's about pricing power. If someone can vibecode a CRM on the cheap, why pay Salesforce's premium prices? So even if Salesforce stays "the best", it can't afford to be as expensive as it is now, and that'll eat into the margins.
There's also the fact that Salesforce is sold by user, so if AI makes those users more productive, you won't need as many.
Is it really going to happen like that? No idea. I guess it depends.

That's how non consumer printers come to you by default. You dont opt into security in the corporate world. It comes standard.
Also I'm my OP where did I talk about dealing billionaire companies? 
Oh I didn't.... Your reading comprehension is worse then my understanding of billion dollar deals.
Also guess what you dont keep in a CRM? A fucking NDA and any relevant business details.

Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026299126544228429)
>EU'S SEFCOVIC SAYS U\.S\. COUNTERPARTS REASSURED EU THAT THEY STAND BY EU\-US TRADE DEAL
Tweet Mirror:[DeItaone](https://twitter.com/DeItaone/status/2026299266436661570)
>EU'S SEFCOVIC: EUROPEAN PARLIAMENT SHOULD TARGET VOTE TO APPROVE U\.S\.\-EU DEAL LEGISLATION IN MARCH
Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026299313593487379)
>EU'S SEFCOVIC SAYS EUROPEAN PARLIAMENT SHOULD TARGET VOTE TO APPROVE U\.S\.\-EU DEAL LEGISLATION IN MARCH
Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026298820259377584)
>UK, FRANCE AND GERMANY LEADERS FOLLOWING 'COALITION OF THE WILLING' MEETING ON UKRAINE \- REITERATED THEIR UNWAVERING COMMITMENT TO WORKING TOGETHER TO ACHIEVE A JUST AND LASTING PEACE
Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026299005039448084)
>UK, FRANCE AND GERMANY LEADERS FOLLOWING 'COALITION OF THE WILLING' MEETING ON UKRAINE \- REAFFIRMED ROLE COALITION OF THE WILLING WOULD PLAY IN PROVIDING MULTI\-LAYERED SECURITY GUARANTEES
Tweet Mirror:[DeItaone](https://twitter.com/DeItaone/status/2026299032956440609)
>EU'S SEFCOVIC: U\.S\. COUNTERPARTS REASSURED EU THAT THEY STAND BY EU\-US TRADE DEAL
Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026297739840295355)
>GOOGLE \- PRODUCERAI, PLATFORM THAT ALLOWS TO CREATE AND REFINE MUSIC USING GENERATIVE AI, IS JOINING GOOGLE LABS
Tweet Mirror:[StockMKTNewz](https://twitter.com/StockMKTNewz/status/2026298065020145800)
Here's how the largest holdings in the Tech Software Sector ETF $IGV have performed so far in 2026

Microsoft $MSFT \-19%🔴
Palantir $PLTR \-22%🔴
Oracle $ORCL \-28%🔴
Salesforce $CRM \-30%🔴
Palo Alto $PANW \-20%🔴
Adobe $ADBE \-26%🔴
Applovin $APP \-38%🔴
Intuit $INTU \-43%🔴 https://pbs.twimg.com/media/HB7bTZMWwAAj534.jpg:large
Tweet Mirror:[FirstSquawk](https://twitter.com/FirstSquawk/status/2026297176041930937)
>INDIA, GCC SIGN JOINT STATEMENT ON FREE TRADE PACT

I thought this was a political subreddit? /s
CRWD, CRM, NOW, NVO, and MSFT

Yet.
I just got my French citizenship and am gonna go and start CRM's and HUBS' true competitor ;) 

# Today is Tuesday, the 24th of February
## Upcoming events for Tuesday, February 24th
- Stock splits:
- SPYU @ **2:1**
- BNKD @ **1:5**
- NRGD @ **1:5**
- DULL @ **1:50**
- SHNY @ **10:1**
- FLYD @ **1:10**
- CRTD @ **1:20**
- TRNR @ **1:10**
- KLSVF @ **1:10**
- LFWD @ **1:12**
- BULZ @ **10:1**
- OILD @ **1:10**
- RPGL @ **1:20**
- Expected earnings:
ABCL, AHCO, AII, AIN, ALC, AMC, AMT, APLS, AROC, ARVN, AS, ATEC, ATRO, AUST, AVNS, AWI, AXGN, AXON, BBIO, BCYC, BEAM, BGS, BHF, BIOX, BNS, BOW, BRSL, BXC, CAPS, CAVA, CBLL, CCC, CCU, CDNA, CECO, CEG, CGBD, CIFR, CLNE, CLVT, CORT, CPSS, CRI, CSGP, CWH, CYD, CYTK, DAWN, DDS, DFH, DOCN, DRS, ECG, EHLD, ELAN, EOG, ESTA, EVH, EXLS, EXPD, EXPI, FIS, FLYW, FMS, FSLR, FSP, FULC, FVR, FWRG, GDDY, GIC, GMED, GPOR, HD, HIHO, HPQ, HRMY, HSIC, HURN, HVT, HVT.A, HY, HYLN, IGIC, IMOS, INFU, INGN, IOVA, IPAR, JAZZ, KDP, KNSA, KOF, LAB, LAND, LCID, LTC, LTH, LXFR, MATX, MELI, MGEE, MMSI, MOS, MQ, MTDR, NERV, NMFC, NOVT, NRG, NVRI, NVTS, NXRT, O, OFIX, ONTF, OPCH, ORIC, PARR, PCVX, PEN, PERF, PLNT, PRCT, PSTL, PTLO, RCKY, REZI, RGEN, RRC, RVLV, SAM, SEI, SHC, SHLS, SILA, SKT, SLDE, SLDP, SLRC, SNN, SPXC, SSII, STAA, SUI, SUPN, TALO, TELO, TEM, TILE, TMDX, TREX, TYGO, UFPT, UIS, UVE, VIV, VRE, VRRM, WDAY, WLK, WLKP, WMK, WSBF, XHR, XMTR, YSG, ZETA
- Ex-div:
AGZD, CEPI, DGRS, DGRW, EMCB, HYZD, MNRO, PLUS, SOLS, SWKS, TAXE, THYM, TMNL, TMNS, TMSF, TSCO, UFCS, UNIY, USIN, USSH, WTBN, WTMU, WTMY
- Economic events and announcements:
- 3-Month Bill Auction (actual: 3.590%, previous: 3.600%)
- 6-Month Bill Auction (actual: 3.525%, previous: 3.500%)
- Chicago Fed National Activity (actual: -0.21, previous: -0.15)
- Chicago Fed National Activity (actual: 0.18, previous: -0.21)
- Dallas Fed Mfg Business Index (actual: 0.2, previous: -1.2)
- Durables Excluding Defense (actual: -2.4%, consensus: -2.5%, previous: -2.5%)
- Durables Excluding Transport (actual: 1.0%, previous: 0.9%)
- Factory Orders (actual: -0.7%, consensus: -0.4%, previous: 2.7%)
- Factory orders ex transportation (actual: 0.4%, previous: 0.1%)
- Fed Waller Speaks
## Upcoming events for Wednesday, February 25th
- Stock splits:
- SVRE @ **1:4**
- Expected earnings:
A, ACAD, ACHC, ADGM, ADMA, ADTN, AGL, AHT, AI, ALEC, ALKS, ALKT, ALLT, AMRN, AMSF, AOMR, APA, APG, ARKO, ARQT, ARRY, ASPI, ASPN, ASTE, AUGO, AVA, BATRA, BATRK, BBLG, BBOT, BBSI, BJRI, BKV, BLFY, BLMN, BMO, BXSL, BYND, CAPL, CARL, CBZ, CCAP, CCIF, CHDN, CHE, CHMI, CHRD, CHYM, CLDT, CLMB, CLPT, CORZ, CPHI, CPK, CPRX, CRCL, CRGY, CRM, CSV, CTRI, CUB, CWT, DBRG, DHIL, DIN, DMRC, DOLE, DORM, DRVN, ECPG, EE, EFC, EHTH, ENVX, EPR, ERII, ESCA, ESEA, FIHL, FLYE, FMX, FSK, FSS, FTAI, GDRX, GEF.B, GERN, GHC, GLNG, GNL, GRBK, GRFS, HAYW, HBB, HCAT, HCI, HEI, HEI.A, HIPO, HNI, HNST, HOV, HSBC, HTO, HUT, IBTA, ICLR, IEP, IMAX, IMCR, IMXI, INN, INVA, INVZ, IONQ, IONS, IRWD, JOBY, JOE, KGS, KNTK, KROS, KURA, KW, LAW, LB, LFST, LIFE, LINE, LINK, LIVN, LMAT, LOW, LSF, LTBR, LXU, MANU, MDLN, MDXG, MEG, METC, METCB, MGNI, MGPI, MGRC, MIAX, MIRM, MLTX, MLYS, MRVI, MYRG, NGD, NGVT, NMRK, NOG, NPKI, NRDS, NSA, NTNX, NVDA, NWPX, OC, ODD, ORA, OSUR, OUT, PARK, PCSC, PEB, PFSA, PLAB, PNTG, PNW, PR, PRAA, PRSU, PSKY, PSTG, RCUS, RDW, ROOT, RRGB, RVMD, RXRX, RXST, SAFT, SARO, SBGI, SBLK, SBXD, SDGR, SDRL, SEMR, SEZL, SHOO, SHPH, SKYT, SLNO, SM, SMA, SMHI, SNOW, SNPS, SPOK, SRI, SRPT, SSP, STKL, STN, STRL, STWD, SVC, SWX, TASK, TBLA, TBPH, TCOM, TDOC, TIPT, TJX, TKO, TLF, TPH, TRIN, TSE, TSHA, TTD, TTI, TWFG, UCFI, UGP, UHS, UHT, UMH, URBN, USPH, UTHR, UWMC, VAC, VCIC, VCYT, VECO, VERA, VICI, VIST, VIVS, VLN, VSEC, VTOL, WHD, WSR, WTRG, XPEL, XPER, XTIA, XZO, YOU, ZBIO, ZIP, ZM, ZVIA
- Ex-div:
CDW, EA, EQIX, KELYA, KELYB, PSEC, RMBI, TLF
- Economic events and announcements:
- 2-Year Note Auction (previous: 3.580%)
- ADP Employment Change Weekly (previous: 10.30K)
- API Weekly Crude Oil Stock (previous: -0.609M)
- Atlanta Fed GDPNow (consensus: 3.1%, previous: 3.1%)
- CB Consumer Confidence (consensus: 87.4, previous: 84.5)
- Dallas Fed Services Revenues (previous: 7.8)
- FOMC Member Barkin Speaks
- FOMC Member Bostic Speaks
- Fed Collins Speaks
- Fed Collins Speaks
- Fed Goolsbee Speaks
- Fed Governor Cook Speaks
- Fed Waller Speaks
- House Price Index (consensus: 0.3%, previous: 0.6%)
- House Price Index (previous: 1.9%)
- House Price Index (previous: 439.3)
- M2 Money Supply (previous: 22.40T)
- Redbook (previous: 7.2%)
- Richmond Manufacturing Index (consensus: -8, previous: -6)
- Richmond Manufacturing Shipments (previous: -5)
- Richmond Services Index (previous: -3)
- S&P/CS HPI Composite - 20 n.s.a. (consensus: 1.3%, previous: 1.4%)
- S&P/CS HPI Composite - 20 n.s.a. (previous: 0.0%)
- S&P/CS HPI Composite - 20 s.a. (previous: 0.5%)
- Texas Services Sector Outlook (previous: 2.7)
- U.S. President Trump Speaks
- Wholesale Inventories (consensus: 0.2%, previous: 0.2%)
- Wholesale Trade Sales (previous: 1.3%)
## Upcoming events for Thursday, February 26th
- Stock splits:
- CRCA @ **1:10**
- ZSL @ **1:10**
- Expected earnings:
AAOI, ABTC, ACA, ACIW, ACLX, ACMR, ACRS, ACU, ADSK, AES, AEVA, AGO, AHL, AHR, AIRG, AKBA, ALEX, ALHC, ALT, ALTG, AMBA, AMBP, AMPH, AMWD, ANAB, ANIK, ARBE, ARGX, ARHS, ARLO, ASUR, AUPH, AVPT, BAK, BCO, BCRX, BCSF, BDSX, BFLY, BHR, BIDU, BKSY, BLD, BLFS, BLND, BSY, BUR, BVN, BWIN, BWMX, CABO, CAI, CARS, CBIO, CCCC, CCEC, CCO, CDRO, CDXS, CELH, CERT, CGEM, CLDX, CLOV, CLPR, CM, CMBT, CMPS, CMPX, CODI, COLL, COMP, CON, CPNG, CRAI, CRDF, CRNX, CRON, CRWV, CSAI, CSTL, CTKB, CTRA, CUBE, CV, CVEO, DAIO, DCGO, DCI, DCO, DCTH, DEC, DELL, DFTX, DH, DNA, DNLI, DNUT, DQ, DRH, DSX, DUOL, DV, DYN, E, EB, EBS, ECVT, EFXT, EIC, ELME, EME, ENIC, ENOV, EOSE, ESTC, EVTC, EXFY, FA, FCN, FDUS, FER, FGBI, FIGR, FIGS, FIP, FLOC, FLUT, FOUR, FOXF, FTDR, FTRE, FWONA, FWONK, GBTG, GCT, GDEN, GDOT, GHRS, GIL, GLDG, GLOB, GOCO, GOLF, GPCR, GREE, GRND, GSBD, GTN, GTN.A, HAFN, HEPS, HGTY, HGV, HLN, HMR, HPP, HRL, HRTX, HTZ, IART, IBOC, IBP, ICFI, ICG, IE, IMNN, IMPP, INDV, INOD, INSW, INTU, INTZ, INV, IPWR, IQ, IRON, JANX, JCAP, JSPR, KBR, KIDS, KIDZ, KOP, KRP, KYMR, LASR, LBRDA, LBRDK, LBRX, LGND, LIF, LIMN, LIND, LLYVA, LLYVK, LNG, LNSR, LNTH, LOAR, LONA, LSTA, MAIN, MARA, MASI, MBI, MCS, MDRR, MDXH, MESO, MFIC, MIDD, MLCI, MNKD, MNST, MP, MRP, MSDL, MTZ, NATL, NAUT, NCDL, NCMI, NEXA, NEXM, NHC, NHI, NLOP, NMAX, NNI, NOEM, NOMD, NRDY, NREF, NTAP, NTLA, NTRA, NUVL, NVAX, NVCR, NVNO, NXST, ONC, OPK, OPRA, OPRT, ORGO, OS, OSPN, PAR, PAYO, PBA, PBFS, PBYI, PCRX, PCT, PEG, PENN, PGNY, PHAT, PLTK, PRGO, PRKS, PRM, PRMB, PRVA, PSBD, PSNL, PUBM, PZZA, Q, QBTS, QURE, QVCGA, RAIN, RBNE, RC, RCKT, REAL, RKLB, RKT, RLAY, RLJ, RNA, ROCK, RUN, RXT, RY, RYTM, SATS, SBAC, SBR, SEER, SG, SHAK, SHEN, SITC, SJM, SLN, SMP, SMR, SNDX, SOC, SOLV, SOUN, SPT, SRE, STLA, STRA, STRZ, SUIG, TD, TDAY, TDW, TFX, TGLS, TGNA, TGS, THRY, TIGO, TKC, TKNO, TLN, TNGX, TPC, TRDA, TRS, TTEC, TTRX, TWI, ULH, USAR, UUUU, VCEL, VIPS, VISN, VITL, VRDN, VST, VTEX, VTRS, VTYX, VYX, WATT, WBD, WD, WLDN, WPP, WRBY, WULF, WVE, WW, WWW, WYFI, XENE, XNCR, XPOF, XRAY, XYZ, ZLAB, ZS
- Ex-div:
ACT, CATY, CGNX, CSPI, MAR, SGA
- Economic events and announcements:
- 5-Year Note Auction (previous: 3.823%)
- Crude Oil Imports (previous: -1.132M)
- Crude Oil Inventories (previous: -9.014M)
- Cushing Crude Oil Inventories (previous: -1.095M)
- Distillate Fuel Production (previous: 0.028M)
- EIA Refinery Crude Runs (previous: 0.077M)
- EIA Weekly Distillates Stocks (previous: -4.566M)
- EIA Weekly Refinery Utilization Rates (previous: 1.6%)
- FOMC Member Barkin Speaks
- Fed Schmid Speaks
- Fed's Balance Sheet (previous: 6,613B)
- Gasoline Inventories (previous: -3.213M)
- Gasoline Production (previous: 0.290M)
- Heating Oil Stockpiles (previous: 0.362M)
- MBA 30-Year Mortgage Rate (previous: 6.17%)
- MBA Mortgage Applications (previous: 2.8%)
- MBA Purchase Index (previous: 157.1)
- Mortgage Market Index (previous: 339.0)
- Mortgage Refinance Index (previous: 1,375.9)
- Reserve Balances with Federal Reserve Banks (previous: 2.960T)
## Upcoming events for Friday, February 27th
- Stock splits:
- FNRN @ **105:100**
- SF @ **3:2**
- Expected earnings:
ABR, AIRO, ALBT, ALDX, ALXO, AMR, AMRX, ANIP, APVO, ARAI, BFS, BRK.A, BRK.B, BRN, BTSG, CCEL, CEPO, CLMT, DCBO, DIBS, DK, DKL, DVS, ELPC, FCUV, FDMT, FGNX, FLGT, FLNT, FORA, FRO, GIG, GLP, GOGO, GSAT, GTLS, HE, IGC, INTT, IQST, ITRM, LGVN, NIQ, NRP, NRT, NTHI, NTIP, NUTR, NVX, NWN, OXSQ, PRME, PSO, RPID, RVYL, SAFX, SBLX, SCLX, SEV, SGRP, SHO, SLAI, SONM, TAC, TCPC, TEO, TGL, TMCI, TRNR, USBC, VGZ, VIA, XXI
- Ex-div:
ACNB, AGNC, ATLCP, ATLO, BPYPM, BPYPN, BPYPO, BPYPP, CCLDO, CCNE, COLB, EFSCP, EMBC, FCNCA, FCNCO, FCNCP, FXNC, HON, IBKR, JAKK, LNKB, MARPS, MCHPP, MFICL, MGEE, MLAB, MLKN, MVBF, NWL, PANL, PFIS, POWI, POWWP, SATA, SIGIP, STEP, STRRP, TMUS, TRMK, TRS, YORW, ZIONP
- Economic events and announcements:
- 4-Week Bill Auction (previous: 3.625%)
- 7-Year Note Auction (previous: 4.018%)
- 8-Week Bill Auction (previous: 3.630%)
- Continuing Jobless Claims (previous: 1,869K)
- FOMC Member Bowman Speaks
- Initial Jobless Claims (consensus: 216K, previous: 206K)
- Jobless Claims 4-Week Avg. (previous: 219.00K)
- KC Fed Composite Index (previous: 0)
- KC Fed Manufacturing Index (previous: -2)
- Natural Gas Storage (previous: -144B)
^^^^2026-02-24

There’s a story being told loudly right now. It goes something like this: AI is coming to eat software. SaaS is dying. Why pay for a product when an agent will just do it for you? The Nifty Fifty of cloud is yesterday’s trade.
Wall Street loves this story. It justifies reshuffling capital, generating trading fees, creating new ETFs, launching new IPOs, and keeping the financial media machine fed. It’s a great story for them.
But there’s a quieter, truer story running underneath it — and it’s actually more exciting.
The Marriage, Not the Murder
Software and AI aren’t enemies. They’re the most natural partnership in the history of technology.
Think about what software has always been: a way to take a complex human process — invoicing, scheduling, managing inventory, tracking a sales pipeline — and make it repeatable, affordable, and scalable. Software democratized capability. Before Salesforce, only the biggest companies could afford a structured sales operation. Before QuickBooks, small businesses were drowning in spreadsheets or paying expensive accountants. Software was the great equalizer.
AI doesn’t destroy that mission. It accelerates it.
What AI does to software is what electricity did to the factory floor. It doesn’t replace the factory. It makes everything inside it faster, smarter, and cheaper to run. The CRM still needs to exist. The ERP still needs to sit somewhere. The security platform still needs a data model and an interface and integrations. AI just makes all of those things dramatically more capable for dramatically less cost to build and maintain.
The software doesn’t disappear. It compounds.
The Billion Customers Nobody Is Counting
Here’s the number that gets ignored in every breathless AI headline: there are hundreds of millions of businesses globally that have never used real software at all.
A family-run logistics business in Lagos. A mid-sized manufacturing firm in Vietnam. A regional healthcare provider in rural Brazil. A growing retail chain in Morocco. These businesses are not debating switching from Salesforce to an AI agent. They are running on WhatsApp, paper ledgers, and Excel files from 2009.
The global SMB market is staggering. There are roughly 400 million small and medium businesses worldwide. The overwhelming majority of them are dramatically underserved by technology. Not because they don’t want it — but because until recently, enterprise-grade software was simply out of reach. Too expensive to license. Too complex to implement. Too dependent on IT staff they couldn’t afford to hire.
AI changes that equation completely.
When AI collapses the cost of building, deploying, and supporting software — when onboarding goes from a six-month implementation project to a conversational setup — when a business owner in Nairobi can describe their workflow in plain language and have a working system by Friday — that’s not the death of software demand. That is the biggest expansion of the addressable market in software history.
The companies panicking about AI eating their enterprise customers are missing the forest for the trees. The forest is full of people who have never had a tree.
The Narrative Machine
So why isn’t this the dominant story?
Because it doesn’t serve the people who control the dominant story.
The “AI kills software” narrative is useful. It’s useful for the hyperscalers who want to own the full stack and pull revenue away from independent software vendors. It’s useful for hedge funds who want to short legacy SaaS and rotate into AI infrastructure plays. It’s useful for the media because disruption is a better headline than “steady, broad-based global adoption.” And it’s useful for AI companies themselves, who need an aggressive growth narrative to justify their extraordinary valuations.
None of this makes it true.
The real dynamic is this: AI is rapidly reducing the cost of software creation, deployment, and support. That’s deflationary for the high-margin, high-complexity enterprise software that has been hoarding the value at the top of the market for thirty years. That specific segment will feel pressure. The Oracles and SAPs of the world who have been charging $2 million for an implementation that should cost $200,000 — yes, they have a problem.
But the total demand for software capability in the world? That is going one direction, and it is not down.
What This Looks Like in Practice
The small textile exporter in Türkiye who finally gets a real inventory management system. The independent GP practice in Poland that can now afford a patient scheduling and records platform. The regional distributor in Southeast Asia who gets proper route optimization without a six-figure consulting engagement.
These customers won’t be replacing software with AI. They’ll be accessing software because of AI. Lower costs. Simpler onboarding. Products that actually speak their language — sometimes literally.
The platform that wins this won’t necessarily be the one with the most sophisticated AI model. It’ll be the one that figures out how to reach and serve the 80% of the global business market that technology has essentially ignored for the last four decades.
That’s not a dying industry.
That’s the opening chapter.
The noise you’re hearing from the market right now is the sound of capital repositioning. Some of it is legitimate. Some of it is theater. But don’t let the theater make you miss the actual plot: software and AI are building something together, for a much larger audience than either has ever had before.
The revolution won’t be loud. It’ll just quietly show up in a small business in a city you’ve never heard of, running better than it ever has, because someone finally gave it the tools it deserved.​​​​​​​​​​​​​​​​

wtf, i agreed totally, I worked for several big companies. Mission-critical application like ERP, CRM or cybersecurity stuff in an enterprise system will never be built internally with claude or whatever. And the reason is far from any tech-related considerations: we need someone to blame when things go wrong. And it's so convenient to have a third-party vendor to blame when something is not working properly. Business people blame internal IT, internal IT blame external software vendor and everyone gave an apperance to be competent at their jobs.

CRM to the moon, and if not, they own part of Anthropic as a hedge

IGV has all the SaaS names. Top 20 holdings (80% of all holdings) of IGV are
|TICKER|name|% Holding|
:--|:--|:--|
|MSFT|MICROSOFT CORP|9.55|
|PLTR|PALANTIR TECHNOLOGIES INC CLASS A|8.16|
|ORCL|ORACLE CORP|7.95|
|CRM|SALESFORCE INC|7.3|
|PANW|PALO ALTO NETWORKS INC|5.51|
|ADBE|ADOBE INC|4.62|
|CRWD|CROWDSTRIKE HOLDINGS INC CLASS A|4.4|
|INTU|INTUIT INC|4.4|
|APP|APPLOVIN CORP CLASS A|4.24|
|NOW|SERVICENOW INC|3.78|
|SNPS|SYNOPSYS INC|3.32|
|CDNS|CADENCE DESIGN SYSTEMS INC|3.27|
|FTNT|FORTINET INC|2.19|
|ADSK|AUTODESK INC|2.03|
|EA|ELECTRONIC ARTS INC|1.9|
|DDOG|DATADOG INC CLASS A|1.69|
|MSTR|STRATEGY INC CLASS A|1.46|
|ROP|ROPER TECHNOLOGIES INC|1.44|
|TTWO|TAKE TWO INTERACTIVE SOFTWARE INC|1.43|
|FICO|FAIR ISAAC CORP|1.36|

No one is predicting AI will put Salesforce out of business, just that AI will greatly expand their pool of competitors. Some enterprise clients may build a bespoke CRM with a mix of internal technical talent & AI. Some midsized clients might be picked off by one of the soon-to-be many upstart CRMs. Either way you have to expect more competition.

"I could build it in a weekend" had been a thing forever. It's the last 5% that takes all the work, and the infrastructure and maintenance costs. You're not going to set this stuff up and leave it.
There is a reason that the biggest companies in the world, tech companies, use somebody else's CRM or HR system. It's just not what they're interested in managing/doing. 

The worst examples of it I've seen is in threads about business software. I tried to do research on a new CRM for my company recently, and almost every Reddit thread about CRM reviews/recommendations (regardless of subreddit) was flooded with AI shill comments.

Claude Code Security fear is overblown.
Claude Code Security is for source code scanning (SAST). Crowdstrike EDR sit on every computer in the organization and monitors for malicious activities. Both are different categories.
Also CrowdStrike like vibe coded in-house product won't be deployed. If they do they add additional liability and risk into their plate. They will always buy EDR products from 3rd party vendor to transfer the risk.
Cloudflare is web application firewall. It has nothing to do with SAST products.
The current AI-SaaS fear is also overblown. Products like Saleforce CRM, SAP are very sticky. Even migration takes many years. On top of that there are professionals (i.e Salesforce Developers) who solely train to solve problem on Salesforce, SAP products. Those products are that complex. Good luck vibe coding that.

oh, i misunderstood but yeah definitely. ive said the [same thing](https://www.reddit.com/r/stocks/s/irPTC9Qt1m) in various other threads a bunch too. even on CRM specifically as i think vibe coding is going to seriously hurt them.

I'm almost 40. I work at a $50M US based manufacturing company in a senior role. Last quarter I saved my company \~$2M.
It's not billions, but as an ESOP that is \~$2M more in our pockets than it is going to outside systems.
And if you think a CRM is anything more complicated than excel with dropdowns and a database to avoid write-lock...then I don't think I'm the one in a pipe dream.

Eh. CRMs and a lot of other SAAS is not that complicated tech wise. I used a CRM at my company that could easily be vibe coded and ran locally pretty easily.
Theres even already free easy to implement self hosted versions of popular saas. It’s just a matter of time until people start using self hosted software on a larger scale.
LLMs are also very impressive but against there open source code out there and theoretically every person could self host their own Ai, based on their own library.
Right now I’m hosting my own Netflix. I have paid for a streaming service since 2020 and have access to any show I want at better quality then Netflix will stream to me.

I live 2 miles from Salesforce/CRM tower. Never bought the stock because it was always overpriced! With U2 and Green Day private concerts... I started accumulating recently... 👍🏼🤞🏼

So instead of having a unified CRM, everyone vibes code their own ? Sounds like a disaster.

Highly sensitive customer data and leads/sales. Pretty huge liability if data is lost, leaked, or misattributed. Most enterprise level SAAS I work put most of their effort into sales and marketing, and make their business decisions and decide the marketing budgets I can work with on their CRM data.