Enterprise Software Stocks Rally as Salesforce CEO Says Time to Stop SaaSpocalypse 'Nonsense'

Salesforce’s stock rockets 20% and gives the software sector a major lift

Salesforce’s earnings showed that AI isn’t killing traditional software, and that the operators of major AI models are willing to strike partnerships with legacy vendors.

Why ServiceNow Rallied Today

The software sector got a lift from Salesforce's earnings report last night, showing that fears of a "SaaS-pocalypse" may have been overblown.

Enterprise software stocks rally as Salesforce CEO says time to stop SaaSpocalypse 'nonsense'

AI lifts SaaS and cybersecurity stocks as strong earnings spark a rally in IGV, Salesforce and CrowdStrike.

Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here's why

Salesforce CEO Marc Benioff pushed back against “SaaSpocalypse” fears.

Marc Benioff goes on the offensive: 'This is not the SaaSpocalypse'

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Salesforce CEO Dismisses ‘Saaspocalypse’ Fears As AI Drives 435% Surge In Spending By Leading AI Firms

Salesforce CEO Marc Benioff has rejected growing fears that artificial intelligence could undermine the traditional software-as-a-service industry, noting that the latest generation of AI models depends on enterprise software platforms rather than replacing them. “This SaaSpocalypse narrative has been such nonsense,” Benioff told CNBC’s Jim Cramer on Wednesday. “Frontier models depend on CRM. They don’t […] The post Salesforce CEO Dismisses ‘Saa…