salesforce(US:CRM) CNBC·2025-12-04 23:31Core Viewpoint - Concerns on Wall Street regarding the impact of artificial intelligence on enterprise software companies are countered by Salesforce's CEO, who views large language models as a commodity that enhances the company's existing products rather than a threat [1][3]. Group 1: Company Performance - Salesforce's stock has declined over 25% year-to-date, contrasting with a 21% increase in the tech-heavy Nasdaq Composite [2]. - Despite the stock decline, Salesforce reported a significant earnings beat, leading to a 3.66% increase in share price following the announcement [4]. - The company has raised its revenue guidance for the current quarter, indicating positive future expectations [4]. Group 2: Product Development - Salesforce's Agentforce product, which automates sales and customer service workflows, has shown remarkable growth, achieving over $500 million in annualized revenue and a 330% increase from the previous year [5]. - The company has successfully closed over 18,500 Agentforce deals since its introduction, with 9,500 being paid transactions [5]. - Agentforce is described as the fastest-growing product in Salesforce's history [6].