Salesforce's earnings results spell success for AI products, Jim Cramer says

CNBC's Jim Cramer said Salesforce's recent quarter suggests the innovative potential for artificial intelligence technology is strong.

Cramer insisted that AI agents won't replace humans, and instead are designed to take on jobs most don't want to perform."I try not to go into too much depth about the power of AI because I'm sure you're sick of hearing about it," he said."But now I'm thinking maybe I don't talk enough about it at all. There's just too much money being made, and I don't want to downplay that.

Even as Big Tech shelled out billions for the new technology, Cramer conceded that many on Wall Street had begun to doubt the validity of the AI boom, wondering if it could make money. But according to him, Salesforce's agent product exemplifies a tangible use case for generative AI that will be valuable to the enterprise across the board. Cramer pointed out that the company claims it made more than 200 deals for Agentforce over the last quarter.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don't ignore the European market, Jim Cramer saysCNBC’s Jim Cramer on Monday told investors not to write off the power of European markets, pointing out economic growth across the region.
Source: nbcchicago - 🏆 545. / 51 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was looking slightly higher ahead of the open on Election Day.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer is encouraged by updates on 3 stocks that indicate further upside aheadThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer lists 10 stocks that could do well under Harris or TrumpCNBC’s Jim Cramer on Election Day identified stocks that could perform well with either presidential candidate in the White House.
Source: nbcchicago - 🏆 545. / 51 Read more »

Jim Cramer explains why it's not clear which stocks will rally under Harris or TrumpCNBC’s Jim Cramer explained that few sectors are currently obvious winners or losers under either candidate’s administration.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Jim Cramer's top 10 things to watch in the stock market Wednesday: Trump victory editionWall Street surged Wednesday after Donald Trump defeats Kamala Harris in the presidential race.
Source: CNBC - 🏆 12. / 72 Read more »