# Salesforce stock slides

By Matt Britzman — 2026-01-14

Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: “Software giant Salesforce was the biggest drag on the US market yesterday, tumbling seven per cent despite no company-specific news.

“The sell-off appears linked to buzz around Anthropic’s new ‘Claude Cowork’ tool, which can connect to apps like Slack and automate complex tasks with simple prompts – raising fears that the value proposition for traditional software products could erode over time.

“Enterprise software was already under pressure last year as investors worried that AI could upend the traditional “pay-per-seat” model for big software names.

“With those concerns still lingering, sentiment doesn’t look ready to rebound just yet.”

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