Salesforce (CRM) is not going to have a good ER
Posted: May 28, 2024
- Considering purchasing put options or a put debit spread in the 250-260 range - Reasons include: - Workday ranked poorly on ER - Companies focusing too much on AI investment vs updating SaaS stack - AI impacting Salesforce's core business lines - Salesforce's own AI, Einstein, is ineffective - Similar issues seen with Adobe - Decision made to buy 250p options for this Friday, 50 contracts
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