Salesforce forecasts lower annual revenue than expected, shares fall

Salesforce, a major software company, gave a forecast for its annual revenue that was lower than what financial analysts had predicted. This news caused the company's stock price to drop.

In a separate announcement, the company's CEO, Marc Benioff, said he expects artificial intelligence to significantly change many jobs. He predicted that by 2029, AI could elevate or change the nature of 40% of the work done at large Fortune 1000 companies.