Why Salesforce Plunged Again Today

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Salesforce (NYSE: CRM) shares dropped by 5.8% today after artificial intelligence company Anthropic released a new agentic capability for its Claude models. This new functionality, which allows AI agents to take over computer tasks, has raised fears that AI could disrupt traditional enterprise software. Despite these concerns, Salesforce has a strategic partnership and a 1% ownership stake in Anthropic, potentially mitigating the long-term impact on the company.

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