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Jim Cramer Said Trouble Was Brewing As Salesforce Inc. (NYSE:CRM)’s Shares Rose
['Ramish Cheema', 'August', 'Min Read']
Yahoo Finance
However, in this appearance, he discussed Salesforce Inc. (NYSE:CRM)'s share price performance:"Well Salesforce is, ooh, you know when you knew you were in trouble on Friday.
They add that Salesforce Inc. (NYSE:CRM)'s traditional businesses, such as Tableau and Commerce, are weak in today's AI-driven era.
Finally, the bears also argue that as AI reduces enterprise headcount, Salesforce Inc. (NYSE:CRM)'s traditional seat model could also struggle.
Shifting towards the hedge funds, 115 out of the 1,041 hedge funds part of Insider Monkey's database held a stake in Salesforce Inc. (NYSE:CRM).
Yet, while these metrics might be worrisome, some hedge funds made interesting moves in Q1.