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slash Wall Street.

Hey listeners, it's Saturday June 1st. I'm Francesca Fontana for the Wall Street Journal

and this is what's news and markets. Our look at the biggest stock moves of the

week and the news that drove them. Let's get to it. Welcome to June. Of course after the Memorial Day weekend we had a shorter

trading week but it certainly wasn't boring. We saw a tech sell-off led by Salesforce, more on later some economic data on US spending that was a win for

interest rate cut optimists and on Friday we were all digesting the Trump verdict

of course more on that later, too.

In any case, the major indexes finish the week lower,

but all scored monthly gains for May. So I talk to talk to you guys a lot about AI and usually the narrative is that

it's bringing in gangbusters demand for tech companies right?

This week flipped the script a little bit and yes I will be addressing Google's hilarious

off-the-wall AI search results.

For one, Salesforce, the Cloud Software

software company posted disappointing quarterly sales cut its outlook for

subscription and support revenue and gave a downbeat forecast for the

current quarter.

The excitement around its new artificial intelligence tools, it seems, has yet to pay off.

Salesforce shares ended up plummeting 20% Thursday

and dragged other tech stocks down with it.

...