Salesforce Just Jumped 23%. Did the “SaaSpocalypse” Trade Finally Break?
The recent 23% surge in Salesforce's stock price has sent shockwaves through the software industry, challenging the prevailing narrative that generative AI spells doom for established players.
For months, investors and analysts have warned about the "SaaSpocalypse," predicting that AI would disrupt traditional software vendors' dominance by providing a more efficient way to deliver services directly to customers.