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Servicenow

All articles tagged with #servicenow

business1 month ago•3 min saved

AI Fears Push Software Stocks into Bear Market as ServiceNow Dips

Software shares slumped into bear-market territory as fears that AI and automation could erode demand for traditional licenses outweighed solid earnings from names like ServiceNow; the IGV ETF is down about 21% from its high, with ServiceNow down over 12% despite a beat and guidance, while Microsoft and SAP also faced declines on slower cloud growth and weaker backlogs, prompting a reevaluation of long‑term revenue potential as executives stress AI’s role in embedding workflows in business decisions.

via CNBC|

#ai #bear-market #business

technology1 month ago•33 min saved

ServiceNow and OpenAI partner to accelerate enterprise AI with frontier models and voice automation

ServiceNow and OpenAI announce a multi-year collaboration to embed frontier OpenAI models into the ServiceNow AI Platform, enabling real-time speech-to-speech voice agents, enhanced end-to-end automation across large enterprise workflows, and centralized governance via the AI Control Tower, with no bespoke development required and continued alignment to customer roadmaps.

via ServiceNow|

#ai #automation #enterprise-ai

business2 months ago

Midday Stock Movers and Celebrity Encounters at Holiday Party

The article highlights the biggest midday stock movements involving companies like Novo Nordisk, ServiceNow, Freeport-McMoRan, and Structure Therapeutics, indicating notable activity in the stock market.

via CNBC|

#business #freeport-mcmoran #market-movers

business2 months ago•2 min saved

ServiceNow Acquires Armis in $7.75 Billion Deal to Strengthen Cybersecurity and AI Capabilities

ServiceNow is acquiring Israeli cybersecurity firm Armis for $7.75 billion in cash, aiming to enhance its security platform and expand its market opportunity in security and risk solutions, with the deal expected to close in late 2026.

via CTech|

#acquisition #armis #business

business2 months ago•2 min saved

ServiceNow Stock Declines Amid Deal Talks and Market Jitters

ServiceNow's stock dropped over 10% following reports of a potential $7 billion acquisition of cybersecurity startup Armis, outside its core competencies, amid sector volatility and concerns over AI's impact on demand. Despite the decline, the stock's rare large move suggests a market overreaction, and some analysts see buying opportunities in high-quality tech stocks during downturns.

via Yahoo Finance|

#acquisition #ai-automation #business

business2 months ago•4 min saved

ServiceNow Nears $7 Billion Acquisition of Cybersecurity Startup Armis

ServiceNow's potential acquisition of Israeli cybersecurity firm Armis, valued up to $7 billion, signifies its strategic move to integrate asset visibility and risk management into its platform, enhancing its presence in both private and federal markets and emphasizing the importance of go-to-market strategies for Israeli startups.

via CTech|

#armis #business #cybersecurity

business2 months ago•1 min saved

ServiceNow in $7B Deal Talks to Acquire Cybersecurity Startup Armis

ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis in a deal potentially worth up to $7 billion, which would be its largest acquisition to date. Armis, valued at $6.1 billion, specializes in securing internet-connected devices and had recently raised $435 million, with plans for an IPO delayed due to market conditions. The deal could be announced soon but remains uncertain.

via CNBC|

#acquisition #armis #business

business2 months ago•1 min saved

ServiceNow Nears $7 Billion Acquisition of Cybersecurity Startup Armis

ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis for up to $7 billion, with the deal potentially announced soon. Armis, valued at $6.1 billion after a recent funding round, specializes in real-time device security and serves many Fortune 100 companies amid rising demand for digital security solutions. The outcome of the talks remains uncertain, and other bidders may emerge.

via Yahoo Finance|

#acquisition #armis #business

technology4 months ago•2 min saved

Salesforce's AI Strategy and Partnerships Signal Industry Shift

Salesforce CEO Marc Benioff is expanding the company's AI-driven platform with Agentforce, which now includes an entry into the IT service management space, traditionally dominated by ServiceNow, aiming to leverage existing customer bases and data integration to compete in a rapidly growing market.

via Yahoo Finance|

#agentforce #ai #itsm

technology4 months ago•3 min saved

Enterprise Software Giants Prepare for Agentic AI Competition at Dreamforce 2025

A competitive battle is emerging between Salesforce and ServiceNow in the enterprise software market, focusing on AI and automation. Salesforce is expanding its AI capabilities with new platforms like Agentforce 360, Slack integrations, and partnerships with OpenAI, aiming to reaccelerate growth and position as an AI orchestration layer. Despite stock fluctuations, Salesforce is investing heavily in autonomous AI agents and related tools, intensifying the rivalry with ServiceNow in workflow automation and enterprise AI solutions.

via Investor's Business Daily|

#ai-agents #ai-battle #enterprise-software

finance1 year ago•3 min saved

Wall Street Analysts Highlight 3 Promising Stocks

Top Wall Street analysts have identified three stocks with promising prospects: ServiceNow, Snowflake, and Twilio. ServiceNow is praised for its AI-enabled workflow automation and strong growth potential, with a raised price target by Mizuho analyst Gregg Moskowitz. Snowflake impressed with its Q3 results, leading TD Cowen analyst Derrick Wood to increase its price target, citing strong data warehousing growth and AI workload traction. Twilio's market-beating Q3 performance and improved revenue outlook prompted Monness analyst Brian White to upgrade its stock, highlighting its recovery and attractive valuation.

via CNBC|

#finance #servicenow #snowflake

businesstechnology1 year ago•5 min saved

Nvidia Announces 10-for-1 Stock Split; AI Stock Next?

Nvidia announced a 10-for-1 stock split set for June 2024 following strong financial results driven by high demand for its AI-related products. The split will not change the value of the company or individual investments but reflects Nvidia's robust market position and growth prospects. ServiceNow, another AI-focused company, is also highlighted as a potential candidate for a stock split due to its significant share price appreciation and strong market presence.

via Yahoo Finance|

#ai #businesstechnology #market-share

stock-market-news1 year ago•4 min saved

Nvidia Announces 10-for-1 Stock Split, AI Stock May Follow

Nvidia announced a 10-for-1 stock split set for June 2024, following strong financial results driven by high demand for its AI-related products. The split will not change the value of individual investments but reflects Nvidia's robust market position and growth prospects. ServiceNow, another AI-focused company, is highlighted as a potential candidate for a stock split due to its significant share price appreciation and strong market presence in IT and AI software.

via The Motley Fool|

#ai #market-growth #nvidia

finance2 years ago•7 min saved

"Stock Market Signals: Buy Recommendations for Five Futures, Sell Rating for Tesla"

Dow Jones futures remained steady, with the stock market rally showing resilience despite a higher-than-expected core CPI inflation reading. ServiceNow, Shockwave Medical, Archrock, Symbotic, and Microsoft flashed buy signals, while Dollar Tree tumbled on weak results. Tesla received a sell rating from Wells Fargo, causing its stock to fall, while Nvidia and ServiceNow are showing strength. The market rally's quick support makes it challenging for new bases to form, but opportunities exist in sectors like software, medical products, and energy.

via Investor's Business Daily|

#finance #futures #nvidia

financeinvesting2 years ago•4 min saved

"Uncovering Alternative AI Stocks for Long-Term Growth and Diversification"

The artificial intelligence (AI) market is projected to grow by 820% to exceed $1.8 trillion by 2030, with Cloudflare and ServiceNow standing out as strong investment options due to their footholds in relevant markets and reasonable valuations. Cloudflare operates the fastest cloud network and developer platform, while ServiceNow helps unify and digitize workflows across disparate systems. Both companies reported solid financial results in the fourth quarter and are well positioned to benefit from AI, making them attractive long-term investment opportunities.

via The Motley Fool|

#ai-market #artificial-intelligence #cloudflare