Salesforce stock hits its longest losing streak on record as its $3.6 billion Fin acquisition fuels fears that AI could cannibalize its SaaS business model.

Salesforce reportedly plans to acquire AI customer service company Fin for $3.6 billion, adding to its aggressive 2025 acquisition strategy including

Salesforce on Monday announced the acquisition of AI software maker Fin for $3.6 billion. Salesforce stock rose amid a broad market rally.