Salesforce shares plunge on first revenue miss since 2006: Here's what to know

Brian Schwartz, Oppenheimer senior analyst and managing director, joins 'Squawk Box' to break down Salesforce's quarterly earnings results, which reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations, impact of the company's AI offering, and more.

[chinaski]

This guy has been selling 3mil a day. Day after day after day

[lppoqql]

Salescorce is more of a software sales company, its products are nothing advance or irreplaceable. Its existence is purely based on established business relationships, companies like this can lose their business very easily. With AI coders on the horizon companies can just easily develop their own custom software on the cloud. Most SAS companies might be gone in the future.

[satka]

Well, he sold 15.000 shares and bunch of people followed him.. it’s not like he didn’t cause it to drop 😅

[donkeychan]

AI is going to wipe out most software companies and Salesforce is a prime example

[TruthSeaker-tq]

Good buy at 40-60 bucks, where it's heading, bellow -20% from ath, stock is technically in a bear market so will continue to slide down.

[TheBrooklynTrader]

dude has no idea what he's talking about