Salesforce's Record $27 Billion Buyback Bets AI Fears Are Overblown

Salesforce(NYSE: CRM) is making an unprecedented wager that Wall Street's anxiety over artificial intelligence decimating the software industry is misplaced. The customer relationship management giant spent a record $27 billion on stock repurchases in a single quarter, a move CEO Marc Benioff framed as a direct rebuttal to what he calls the "SaaSpocalypse" — the brutal sectorwide sell-off that has punished software-as-a-service companies throughout 2026.

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