CRM
Salesforce, Inc.
stock NYSE

CRM VRT

I wouldn't say Veeva is a small business... $3B in revenue last 12 months and growing at \~15%
it's used by most of the largest biopharma companies and most of the largest medtech companies.
It is the commanding leader today in life science CRM software. Are IQVIA and Salesforce competitors? Yes, but Veeva has been the leader. They also have a partnership with IQVIA but they've ditched their Salesforce partnership. Who knows, maybe Veeva and IQVIA will have a merger of equals one day, they'd probably be more efficient that way if it was approved.
Pharma and anything related to healthcare is an area where companies are unlikely to take a gamble on software providers or vibe code something if it could mess with anything from a regulatory/compliance standpoint

I cannot speak for every company out there, but I don't think anything is happening to ADBE , and ORCL has fallen enough. Companies like Accenture which are consulting firms will struggle because they have to retrain workforce to be meaningfully competitive. Their key business was to provide specialized staff to other tech companies, but that is no longer needed.
I really can't take a call on CRM, NOW (because I don't know enough). But to me these stocks are not "ridiculously cheap', they are just lower than their historical value.

MSFT is not doing well because it decided to jump into building its own AI labs (outside of OpenAI) this year, so the market is reacting to Capex which they have doubts .... a bit similar to how Meta did it in 2022. In my opinion, MSFT will recover, either they will give up (like Apple) or develop their own models. Plus it is a diversified business with Azure, Enterprise software, research, PC OS, ... so it has a lock.
\----
Companies like Snowflake had been struggling even before AI was a thing. The reason is that Databricks came in with data lakes which completely disrupted their data warehouse strategy and also made the market very competitive, if you also include the progress of Oracle, Postgres, MariaDb, Mongodb ... data processing and management is not that challenging in 2025 as it was in 2000. PaaS is not just a great sector.

So like CRM/ADBE/INTU? What are you looking at?

CRM, TSLA, RIG, VRT 🔒

Well I’m making the point that companies like zs/CRWD especially do not have the same muddled potential business risk as CRM/ADBE/INTU/MNDY etc..
I’ve written bearish articles about ADBE, but I believe ZS/CRWD/PANW are in a different class

CRM is crazy cheap right now.

You Bears might be more regarded than it seemed. SPY about to be back at $688 after your fakeout yesterday. Making money hand over fist today with my SPY shares and Calls
Slightly down on CRM puts but avgd into the position while it was $188.25 so I’m still sitting pretty.

Thoughts on CRM earnings?

I don’t know how much money those 90% generate in revenue or cost but that sector is going to be squeezed hard by AI. If you are a low-mid web designer for example your job is as good as gone. Giant CRM and switching away from cobol might not be on the menu of AI right this instant but the leaps forward in AI and its abilities mean it’s going to get eaten up eventually. It’s going to be difficult to tell where the chips land but there are going to be a lot of unemployed people and companies losing a lot of value from this adoption.

Might cost you a pretty penny if you vibe code your own CRM and shit gets wonky
That’s all I’m trying to say. That’s how big corps think, not to take away from your very impressive 30MM revenue. Objectively that’s a lot of money, but relative to all businesses that exist it’s a drop in the ocean.
You’re still a very small business in the grand scheme of things. Do you understand what I’m getting at? I work at a very young, boutique wealth management firm with a similar headcount, we manage roughly 100MM in assets. Everything that has to do w remotely sensitive info is on 3rd party software. As we grow, so does our liability. There is so much potential for things to go sideways that we would never take the risk of exposing ourselves to all that liability.

TEAM gets diluted out the wazoo, I would stay away. CRM is strong value

That CRM fakeout pop was the give of all gifts 🎁 loaded the boat with $165 puts average cost $3.80
Holding 30 contracts through ER
Thank you!!

In the past, you paid Salesforce or Workday because building a CRM or HR system from scratch was too hard. The thesis argues that with advanced AI agents (like Claude Code, Replit, Lovable), a small team can "one-shot" a custom, internal version of these tools for a fraction of the price.

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