#ai-market-concerns

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Business
fromTheregister
1 month ago

Salesforce buyback to saddle company with debt until 2066

Salesforce CEO Marc Benioff announced a $50 billion stock buyback financed partially with 40-year debt maturing through 2066, viewing current market conditions as a buying opportunity despite investor concerns about AI's impact on software relevance.
Business
from24/7 Wall St.
1 month ago

The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe

Michael Burry reportedly purchased Adobe stock while the software sector faces pessimism over AI disruption concerns, continuing his contrarian investment strategy.
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