ServiceNow Shares Surge on Stellar Earnings and Strategic AI Expansion

ServiceNow (NOW) has delivered a quarterly performance that has captivated investors, with results that significantly outpaced market projections. The enterprise software leader not only posted exceptional financial metrics but also announced a stock split and raised its full-year guidance, fueling speculation about the sustainability of its current market momentum.

The company is strengthening its position in artificial intelligence through an expanded partnership with NVIDIA and the introduction of “Apriel 2.0,” a next-generation AI model. Simultaneously, ServiceNow has launched a collaboration with FedEx Dataworks to develop AI-driven supply chain solutions.

ServiceNow’s artificial intelligence products are projected to contribute over $500 million in annual contract value, with management expressing confidence in Read more...