Big Technology Podcast · Friday, August 28, 2026
Salesforce experienced a significant stock price increase following a strong quarterly earnings report and better-than-expected guidance. This rebound suggests that initial investor fears about AI models undermining enterprise software subscriptions, a phenomenon dubbed "saspocalypse," may have been an overreaction. The company's CEO, Marc Benioff, has publicly dismissed these concerns.
“Salesforce CEO Marc Benioff says the saspocalypse is nonsense and here's why.”
“Basically Salesforce turned in some incredible earnings. The share surged more than 12% after the enterprise software giant delivered a strong quarter and issued better than expected guidance.”
“Investors feared that increasingly capable AI models could allow businesses to accomplish more with fewer traditional software subscriptions, undermining the industry's pricing model.”