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Why Salesforce Plunged Again Today
Salesforce’s stock dropped by 5.8% today, likely due to a new update from Anthropic’s AI agent, which can now perform tasks on a computer, raising fears of disruption to enterprise software companies. Despite this, Salesforce has a strategic partnership with Anthropic, serving as its primary model vendor, and holds about a 1% stake in the AI company, which could mitigate potential negative impacts. The article highlights the ongoing uncertainty regarding Salesforce’s position in the evolving AI era, even as the company aggressively buys back stock.