Salesforce Co-Founder, Chairman and CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk its recent quarter after mixed results send the stock lower.
lol Marc can’t understand how the stock market works with Salesforce??? Epic fail response. Gotta take accountability and be honest with your shareholders.
yeah its a meme isnt it. Its worse to listen to, when you actually understand LLM's and know they're a fraudulent proposition in relation to what's being made out by these jokers.
The market is hugely overreacting to what is a good quarter. 15% of a difference in value from yesterday to today. Total bs. The company is still pumping out a great yoy gain in all metrics.
the market is remembering the CRM before the activist investors came in, low margins and high PE. they have improved margins and cash flow and have lots of runway left to improve more. its a different company today than it was before the activist investors came in.
When a CEO keeps talking about focusing in margin and cashflow that means the growth story is over. Ans his laughs are chilly and creepy... That tells you worst is yet to come.
Salesforce is all in on AI. A buddy of mine in the company mentioned management expected a faster adoption by companies of AI. Its still growing but slower. I think that relates to Marc saying "you can't control the buying environment". Probably why hes pushing the AI rhetoric because he still needs to change the mindset of their customers to commit to the AI investment.
@@veerareddy8714 Salesforce, Inc. (NYSE:CRM) CEO Marc Benioff has sold a total of $4,075,923 worth of company stock, according to a recent regulatory filing. The transactions, which took place on May 24, involved the sale of shares at prices ranging from $268.956 to $274.4989. ( I google it)
I think CSM was using AI. That was not Marc that was an AI that kept saying "Margins and Cash Flow", " It's Incredible & Amazing" "Margins and Cash Flow", " It's Incredible & Amazing", "Margins and Cash Flow", " It's Incredible & Amazing" 🤣
Wait. This goofball rated Palantir a sell. A few moments later they land a half billion dollar deal with maven, and a nice one with Eaton. I’d like to see sales force land a deal like that.
These sales were conducted automatically pursuant to a pre-arranged Rule 10b5-1 trading plan, which Benioff adopted on December 29, 2023. Such plans allow company insiders to sell shares over a predetermined period of time to avoid concerns about transactions based on the current market conditions or the possession of non-public information.
Salesforce is done. Do not collaborate with Salesforce plus they just hire cheap lower quality labor from India which is terrible...also you are screwed when your crown achievement for Benioff is air India. Lol, it’s like Angelina Jolie saying her crown achievement is the razzy awards
It’s the end of garbage in garbage out. Spinning the AI story is getting a bit tiring 😂
This guy doesn't answer any of the questions. What a frustrating interview.
i can't tell who's blewing who
Always Be Closing
Babylon crap
He didn’t answer a single question but managed to say the words incredible and amazing 50 times.
Even Cramer didn't want to hear it. Bag of wind
lol Marc can’t understand how the stock market works with Salesforce??? Epic fail response. Gotta take accountability and be honest with your shareholders.
Salesforce is a buy here don’t trip up over trying to be contrarian
Why couldn’t the He answer a single question , it was AI this AI that -
If you bought per your guidance, you' be down another 5%
If Cramer didn't have such a close relationship with Marc he would say that his responses were very shady. He is quite the deflector to any question.
Yeah bit of a difference from grilling he gave sbux CEO!
100 percent @@Robwhelan17
free cash flow was monstrous !!
Kept throwing the word AI hoping its gonna save the stock from going lower XD
yeah its a meme isnt it. Its worse to listen to, when you actually understand LLM's and know they're a fraudulent proposition in relation to what's being made out by these jokers.
They will announce more layoffs (even with all that cash) and the stock will bounce back temporarily.
It’s time to buy now by the dip
Greatful. I will watch Many times. Thanking you again. ️
The market is hugely overreacting to what is a good quarter. 15% of a difference in value from yesterday to today. Total bs. The company is still pumping out a great yoy gain in all metrics.
Maybe is was 30% overvalued yesterday
the market is remembering the CRM before the activist investors came in, low margins and high PE. they have improved margins and cash flow and have lots of runway left to improve more. its a different company today than it was before the activist investors came in.
Why should an investor pay a 50x PE multiple for a firm with about 10% growth outlook?
Cause of Ai lol
When a CEO keeps talking about focusing in margin and cashflow that means the growth story is over. Ans his laughs are chilly and creepy... That tells you worst is yet to come.
exactly they are harvesting cash now and getting efficient!
Count how many times he says incredible and amazing. Ott tbh..
Trump influence )
He's a poorly educated man, that likes to spin it and hire pretty women
If it was a drinking game I would have alcohol poisoning.
Has CRM ever been valued on CF and/or margins?! I don’t recall.
BS Puff Piece total junk dude is reading an script this is stupid.
Made a bag today thanks for the tasty dip
A cynical person might think, "How do I get consumers to Associate us with A.I.?" Benioff: "Generative A.I, A.I, A.I, Generative A.I"
Great interview
All this comments from people that couldn’t achieve a admin certificate 😂😂😂😂😂
Incredible incredible incredible that he doesn’t answer any of the questions.
who's buying the dip?!
not me
AEs only hitting 30% of quota. That's why the stock is down to a one-year low / 20%. Should have hired smarter salespeople 😜 .
ok im not investing in this if the ceo cant even answer a simple question. seems scammy
Everyone is on Ozempic, eh?
Anyone on Ozempic for the wrong reasons should be on Wegovy instead.
Salesforce is all in on AI. A buddy of mine in the company mentioned management expected a faster adoption by companies of AI. Its still growing but slower. I think that relates to Marc saying "you can't control the buying environment". Probably why hes pushing the AI rhetoric because he still needs to change the mindset of their customers to commit to the AI investment.
Salesforce(CRM) has incredible myriads capabilities, from cloud enterprise software to data center , etcetera
Ai Ai which Salesforce is not in the game yet.
I got the dip. Already up by a good amount💰💰
cash flow??? Guidance is weak across the sector.
It will be alright
he is a master of rhetoric!
It's a good skill to have as CEO...
Stay away from anyone who uses the words fantastic, amazing, terrific as many times as Benioff does here.
Fire him Asap!!!!✊😤
this CEO sold lot of his CRM stock in April he knows 17% dropped a head of time 😅
exactly.
How do we know he sold a head of the time ??
@@veerareddy8714you can’t lol..by the time you find out it’s already too late
He's been selling for years
@@veerareddy8714 Salesforce, Inc. (NYSE:CRM) CEO Marc Benioff has sold a total of $4,075,923 worth of company stock, according to a recent regulatory filing. The transactions, which took place on May 24, involved the sale of shares at prices ranging from $268.956 to $274.4989. ( I google it)
I think CSM was using AI. That was not Marc that was an AI that kept saying "Margins and Cash Flow", " It's Incredible & Amazing" "Margins and Cash Flow", " It's Incredible & Amazing", "Margins and Cash Flow", " It's Incredible & Amazing" 🤣
Jim does everything but asks him out for a date. Who are you there for Jimbo?
Wait. This goofball rated Palantir a sell. A few moments later they land a half billion dollar deal with maven, and a nice one with Eaton.
I’d like to see sales force land a deal like that.
Nothing like a golden opportunity to grab some cheddar!!! Total money grab.... Party at the stock price folks.
Inside Selling, Marc Benioff, CEO, sold +$4M of shares on 4/28/24 in recent SEC filings.
These sales were conducted automatically pursuant to a pre-arranged Rule 10b5-1 trading plan, which Benioff adopted on December 29, 2023. Such plans allow company insiders to sell shares over a predetermined period of time to avoid concerns about transactions based on the current market conditions or the possession of non-public information.
One data point doesn’t make a trend. How does the historical buy and sell look like in comparison to?
@@hkjmaiDon't be fooled by that.
yep hes selling off because growth has stalled.
He's been selling for years
I don't trust any CEO that sounds like a salesman pumper.
He looks like the heavy set guy from The Office.
Microsoft is a clear leader in the CRM and AI. Salesforce is clearly lagging behind the execution.
NOW the word AI is greater than the word cloud. You never know, people will tell you.
Marc didn’t answer any questions Jim asked. Pivoted. Worse than SBUX CEO
Hubspot is a customer? Lol, sure.
SF is expensive. Benioff sounds like he's reading a script from pre approved questions.
Wild movie story
No fast growth once it stops buying companies😢😮😂😅😊
Salesforce is done. Do not collaborate with Salesforce plus they just hire cheap lower quality labor from India which is terrible...also you are screwed when your crown achievement for Benioff is air India. Lol, it’s like Angelina Jolie saying her crown achievement is the razzy awards
Salesforce? Salesman! A politician like pitch inspiring zero confidence to invest.
Needs to stop using the words incredible and amazing so much. It's annoying
2 cat fighting. sell this crap
Joker