AI Concerns, Acquisition Deals Send Salesforce, Intuit Stocks Plummeting

Salesforce (CRM) shares plummeted to a new 52-week low on Thursday after concerns about the impact of autonomous AI agents on its software continued to weigh on investor sentiment.

The company's stock price has declined by over 40% so far this year, but retail sentiment remains 'bullish' on Stocktwits.

Intuit Inc. (INTU) also fell to a new 52-week low amid rising concerns over generative AI disruptions and worries about its growth.

The company's stock price has declined by around 57% so far this year, with retail sentiment on Stocktwits remaining 'bearish' in the past 24 hours.