Software Giants Defend Relevance Amid AI Threat

Salesforce and Snowflake report earnings after the bell as both companies seek to counter a narrative that AI threatens traditional software, after shares fell 27% and 26% this year respectively. Analysts and investors will watch product adoption and customer sentiment — including Salesforce's Agentforce usage and Benioff controversy, and Snowflake's risk of becoming a lower-value "data pipe" — to assess whether AI displaces or reshapes their businesses.