First Eagle Global Fund believes that despite widespread industry concerns that generative AI could lead to a loss of users for software applications, Salesforce's products have become foundational systems of record for its customers, providing it with an economic moat. The fund also believes that Salesforce's Agentforce platform has the potential for future growth and scaling. As of August 31, Salesforce's stock price was reported at $257.54, having risen 36.58% over the past month.