Salesforce Inc. has seen its shares drop by 2.14% over the past month, accumulating a nearly 20% year-to-date loss. Since its peak in December 2024, Salesforce's stock has decreased by 28.21%, leading to a market cap decline of $25 billion. In response, the company announced a $1 billion investment in Singapore to bolster the adoption of its AI platform, Agentforce, focusing on addressing workforce challenges in the nation. Despite facing revenue struggles and decreased institutional investments, Salesforce remains a key player in cloud-based customer relationship management services worldwide.
Salesforce's stock has fallen over 20% year-to-date, reflecting a loss of over $25 billion in market value amid weak revenue forecasts.
Despite challenges, Salesforce is advancing its AI capabilities in Singapore with a $1 billion investment, aiming for stronger growth in key industries.
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