Feb. 25 at 10:38 PM
$CRM Benioff says he isn't fazed by the recent software sell-off. "This is not our first SaaS-pocalypse," Benioff tells analysts. "We are going to make it through this one as well, so this is a great marketing opportunity and a great buying opportunity." Benioff says the opportunity drove the company to authorize a
$50 billion share buyback program. "Today we are increasing our authorization to
$50 billion because these are some low prices," he says. Salesforce shares hit a 52-week low earlier this week as investors worry AI will replace software services
if companies buy why we are running away. averaged down with
$CRMG
