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For me, the leap of Salesforce (i)(CRM) above 200 USD is not an endpoint, but the beginning of a possible reassessment. The tailwind comes from none other than Workday. Silver Lake is in talks about a potential acquisition of the software company, which had a market value of around 43 billion USD. A deal is by no means certain, but the message is intriguing. Private equity is once again seeing value in software companies that have been heavily penalized due to fears of AI disruption. Salesforce could benefit from this. J.P. Morgan is taking it...
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