61 stories mentioning NOWUpdated 7d ago
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Anita M Sands, Director, on May 14, 2026, sold 16,445 shares in ServiceNow (NOW) for $1,482,402. Following the Form 4 filing with the SEC, Sands has control over a total of 30,090 common shares of the company, with 30,090 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1373715/000158984926000002/xslF345X05/wk-form4_1779149013.xml
US equity futures were lower pre-bell Monday as tensions remain high in the Middle East after the UAE and Saudi Arabia reported fresh drone incidents on Sunday, raising traders' concerns around a return to hostilities in the region.Dow Jones Industrial Average futures were 0.3% lower, S&P 500 futures were down 0.2%, and Nasdaq futures were 0.1% lower.The UAE defense ministry said that a drone attack from the "western border" had caused a fire at a nuclear plant, while Saudi Arabia reported intercepting three drones that entered from the airspace of Iraq.President Donald Trump in a post on Truth Social urged Iran to "get moving" with regard to ending the conflict. "For Iran, the Clock is Ticking, and they better get moving, FAST, or there won't be anything left of them," he said.Among the companies reporting financial results this week are Home Depot (HD), Nvidia (NVDA), Analog Devices (ADI), and Walmart (WMT).Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $108.66 per barrel and US West Texas Intermediate crude 0.8% lower at $100.25 per barrel.The May US housing market index, slated for 10 am ET, is seen coming in at 34, unchanged from the prior month, according to estimates compiled by Bloomberg.Cheryl Venable, interim president of the Federal Reserve Bank of Atlanta, is slated to speak on Monday.In other world markets, Japan's Nikkei closed 1% lower, Hong Kong's Hang Seng ended 1.1% lower, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was up 0.5%, and Germany's DAX index was 0.8% higher in Europe's early afternoon session.In equities, Dominion Energy (D) shares jumped 15% after the company and NextEra Energy (NEE) said they agreed to combine in an all-stock deal. ServiceNow (NOW) stock was up 5.1% after the company and Experian said they launched a multiyear partnership on autonomous AI agents across various platforms. Baidu (BIDU) shares were up 4.2% after the company posted Q1 non-GAAP earnings and revenue that surpassed analysts' consensus.On the losing side, Tesla (TSLA) stock was down 0.9% after the company reportedly raised prices for several Tesla Model Y variants in the US, media outlets reported Saturday. Regeneron Pharmaceuticals (REGN) shares were 12% lower after the company said its phase 3 skin cancer trial evaluating two dose levels of fianlimab in combination with cemiplimab failed to meet a primary endpoint. NextEra Energy stock was down 1.3% after the merger with Dominion Energy was announced.
The benchmark US stock measures were tracking in the red before the opening bell Monday as investors monitor the ongoing US-Iran tensions and await the latest financial results of tech bellwether Nvidia (NVDA) later in the week.The S&P 500 declined 1.3%, the Dow Jones Industrial Average dropped 0.6% and the Nasdaq was off 0.1% in premarket activity. The indexes finished Friday trading lower.Tensions between the US and Iran remain in focus amid no apparent progress toward a peace deal between the two sides. President Donald Trump said in a social media post on Sunday that the "clock is ticking" for Iran to agree to a deal and that "they better get moving, fast, or there won't be anything left of them."Iran's semi-official Fars news agency said the US has set five main conditions for a peace deal, including transferring uranium tied to Tehran's nuclear program to Washington, Bloomberg News reported. Iran's Mehr news agency reportedly said the US has offered "no tangible concessions" to Tehran.A drone attack caused a fire at a nuclear power plant in the United Arab Emirates on Sunday, while Saudi Arabia said it intercepted three drones that entered from Iraqi airspace, according to CNBC.West Texas Intermediate crude oil rose 0.8% to $106.27 a barrel before the open, while Brent was up 0.7% to $110.08.Nvidia is scheduled to release its latest quarterly results after the markets close on Wednesday. "We fully expect the leading supplier of AI silicon will again exceed estimates and guide above Street given continued positive data points through (the calendar first quarter)," Wedbush Securities said in a Monday client note.Retail giants Walmart (WMT), Home Depot (HD), TJX (TJX), Lowe's (LOW) and Target (TGT) are also expected to announce their earnings this week.Treasury yields were trending higher in premarket action, with the two-year rate increasing 0.4 basis points to 4.09% and the 10-year rate adding 0.8 basis points to 4.6%.Monday's thin economic calendar has the housing market index for May at 10 am ET. Federal Reserve Bank of Atlanta interim President Cheryl Venable is slated to speak at 8:30 am.Shares of LiveRamp (RAMP) jumped 27% pre-bell after the data collaboration platform agreed to be acquired by French advertising and public relations firm Publicis Groupe in an all-cash deal with an enterprise value of about $2.17 billion. ServiceNow (NOW) was up nearly 3% while UnitedHealth (UNH) fell 4.9%.Gold slipped 0.4% to $4,544 per troy ounce, while bitcoin fell 2% to $76,723.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:NOW held its Analyst Day last week, updating medium-term financial targets and detailing its AI monetization strategy, which reinforced our bullish view on its AI opportunity. Now Assist ACV exceeded $750M at the end of Q1 and the firm is on track to reach $1.5B by year-end, with a pathway to reach $9 billion by 2030, powered by its Action Fabric and Autonomous Workers. We believe NOW is navigating the AI transition effectively with a platform where AI strengthens rather than threatens the core business, supported by multiple growth engines including Security & Risk, Data & Analytics, and CRM. Management provided a base case scenario for subscription revenues to reach $30B by 2030, with a more optimistic path to $32B (20% CAGR). Margin expansion is also expected to resume in 2027, with clear line of sight to achieve a Rule of 60+ by 2030. We maintain our Strong Buy rating and raise our 12-month target price to $134 from $110. We keep our 2026 EPS view at $4.13, but lift our 2027 EPS to $5.09 from $5.05.
ServiceNow's (NOW) US bond sale has drawn over $38 billion of investor orders for the offering, allaying concerns about AI disruption, Bloomberg reported Tuesday, citing people with direct knowledge of the matter.Prices on a bond due 2056 has tightened by 0.4 percentage point from earlier talk to 1.35 percentage point above Treasuries, a source told Bloomberg.The bonds will be offered in five tranches, and proceeds will be used to repay debt related to the company's takeover of Armis, according to the report.ServiceNow did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $89.17, Change: $-2.32, Percent Change: -2.54%
ServiceNow (NOW) and Amazon's (AMZN) Amazon Web Services said Wednesday they are expanding their platform after ServiceNow AWS Marketplace transactions recently surpassed $1 billion."The expansion introduces a governance architecture for mutual customers built on ServiceNow AI Control Tower and Amazon Bedrock AgentCore; new AI agent integrations for enterprise security, IT operations, and telecommunications that detect, act, and resolve issues; and a native developer integration that lets teams build and deploy ServiceNow applications directly from Kiro, the AWS agentic integrated development environment," the companies said.Price: $89.45, Change: $-2.56, Percent Change: -2.78%
ServiceNow, Amazon Web Services to Expand Platform
ServiceNow (NOW) said Tuesday it is significantly expanding its partnership with Nvidia (NVDA) to extend agentic artificial intelligence governance from desktops to data centers.This includes the introduction of Project Arc, a new enterprise autonomous desktop agent secured by the Nvidia OpenShell runtime, that will autonomously complete complex work for employees, according to the company.Also, ServiceNow entered an expanded multi-year strategic agreement with Lenovo to allow enterprises to cut costs, increase productivity, improve governance through AI-native workflow automation, according to a statement.ServiceNow and FedEx (FDX) are also expanding their collaboration by embedding trusted logistics intelligence from FedEx Dataworks directly into existing ServiceNow Source-to-Pay journeys, as well as building net-new supply chain management workflows, the company added.Additionally, ServiceNow announced an expansion of its strategic partnership with Microsoft (MSFT) for a deepened product integration between ServiceNow AI Control Tower and Microsoft Agent 365.Price: $91.54, Change: $-0.43, Percent Change: -0.47%
ServiceNow (NOW) is well-positioned for sustained long-term growth, supported by its expanding role in artificial intelligence, RBC Capital Markets said in a Tuesday note following the company's 2026 Financial Analyst Day.The analyst said it is a buyer of ServiceNow following a positive event, citing management's projection of $30 billion to $32 billion in subscription revenue by 2030 and AI accounting for about 30% of annual contract value.RBC also highlighted expectations for sustained double-digit revenue growth, a "rule of 60%+" framework combining growth and free cash flow margins by 2030, along with ongoing margin expansion driven by strong gross margins and operating efficiency.The firm also pointed to non-seat-based monetization, hybrid pricing, and growth in areas such as security, CRM, and data and analytics as key long-term drivers, while downplaying concerns that DIY approaches and "vibe coding" could materially weaken demand.ServiceNow's shift toward non-seat-based revenue models, expansion into AI-driven product segments, and focus on organic growth are key factors supporting long-term compounding potential, while the firm views valuation as attractive despite the stock remaining a "show-me" story.RBC has an outperform rating on the stock with a price target of $121.Shares of ServiceNow were down 0.3% in Tuesday trading.Price: $91.52, Change: $-0.45, Percent Change: -0.49%
Technology stocks were higher pre-bell Tuesday, with the State Street Technology Select Sector SPDR ETF (XLK) gaining 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.2% higher.Fidelity National Information Services (FIS) stock was up 5% after the company said it is working with Anthropic to create artificial intelligence tools for the banking industry, beginning with a financial crime agent.ServiceNow (NOW) shares were up more than 2% before the bell. A company presentation on Monday showed that ServiceNow is targeting up to $32 billion in subscription revenue by 2030 under an "upside" scenario.Leidos Holdings (LDOS) shares rose 2% in premarket activity after the company reported higher Q1 non-GAAP earnings and revenue.
ServiceNow (NOW) has an average rating of buy and mean price target of $142.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $87.65, Change: $-2.84, Percent Change: -3.14%
Jacqueline P Canney, Chief People and AI Enablement Officer, on April 24, 2026, sold 8,927 shares in Servicenow (NOW) for $799,868. Following the Form 4 filing with the SEC, Canney has control over a total of 29,531 shares of the company, with 29,531 common shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1373715/000164960926000019/xslF345X05/wk-form4_1777407136.xml
The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before Friday's opening bell.Intel (INTC) rose by almost 28% pre-bell, after a 2.3% increase at Thursday's close. The chipmaker reported Q1 results above Wall Street's estimates and issued an upbeat Q2 outlook.Advanced Micro Devices (AMD) advanced by nearly 11% in premarket activity, following a 0.6% increase from Thursday's session.ServiceNow (NOW) was 1.3% higher in pre-bell hours, after closing Thursday with a 17.8% fall.Avis Budget Group (CAR) was up 3.1% hours before market open, swinging from a 48.4% fall from the previous session.Microsoft (MSFT) was 0.8% higher premarket, swinging from a decline of nearly 4% at Thursday's close.Tesla (TSLA) advanced by 0.8% pre-bell, after a 3.6% fall from the previous session.Nvidia (NVDA) was slightly higher premarket, following a 1.4% decline at Thursday's close.DTE Energy (DTE) was down 0.6% in premarket hours, swinging from a 2.7% increase from Thursday's session.
The Nasdaq Composite and the S&P 500 pulled back from record highs on Thursday, dragged down by a sell-off in technology stocks, while oil prices rose.The Nasdaq fell 0.9% to 24,438.5, while the S&P 500 dropped 0.4% to 7,108.4, a day after both indexes notched record-high closing levels. The Dow Jones Industrial Average dropped 0.4% to 49,310.3. Tech saw the steepest decline among sectors, shedding 1.5%, while utilities paced the gainers with a 2.8% advance.ServiceNow (NOW) shares sank nearly 18%, the worst performer on the S&P 500, following its quarterly results.Shares of other major tech names also fell, with Salesforce (CRM) down 8.7%, the steepest decline on the Dow. Microsoft (MSFT) lost 4%, while tech bellwether Nvidia (NVDA) shed 1.4%.International Business Machines (IBM) followed Salesforce on the Dow, as the stock tumbled 8.3%. Late Wednesday, the technology giant maintained its full-year revenue growth outlook even as it reported first-quarter results above Wall Street's estimates.Tesla (TSLA) slumped 3.6% despite the company reporting stronger-than-expected first-quarter results. The electric vehicle manufacturer is ramping up its capital investments, which will result in a negative free cash flow for the rest of 2026, according to Chief Financial Officer Vaibhav Taneja.Tesla's aggressive capital spending on artificial intelligence initiatives should boost revenue, though it may take some time before those gains materialize, UBS Securities said in a Thursday note to clients.American Express (AXP) shares fell 4.3%, also among the biggest declines on the Dow, even as the payments company reported better-than-expected first-quarter results and reiterated its full-year outlook.West Texas Intermediate crude oil was up 3.7% at $96.37 per barrel in Thursday late-afternoon trade, on track for its fifth day of gains. Brent rose 3.8% to $105.82, extending its advance to a fourth day.US President Donald Trump ordered the US navy to "shoot and kill any boat" placing mines in the Strait of Hormuz, he said in a social media post on Thursday. Separately, Trump claimed that the US has "total control" over the key oil supply chokepoint.Trump extended a ceasefire with Iran earlier in the week, though he said the naval blockade of Iranian ports would continue. Iran's Islamic Revolutionary Guard Corps on Wednesday reportedly seized two tankers attempting to cross the Strait of Hormuz."Hopes for a resolution between the US and Iran are fading as peace talks stall," ING Bank said Thursday in a report. "If no progress is made, the market will become increasingly numb to the noise and headlines that have dictated price action recently."A second round of ceasefire talks between Israel and Lebanon was scheduled to take place at the White House on Thursday, according to media reports. On April 16, Trump announced a 10-day ceasefire between Israel and Lebanon.US Treasury yields were higher, with the 10-year rate up 2.2 basis points at 4.33% and the two-year rate rising 3.6 basis points to 3.84%.In economic news, government data showed weekly applications for unemployment insurance in the US increased more than expected, while continuing claims largely matched Wall Street's estimates."We remain of the mind that the conflict in Iran is unlikely to cause significant disruptions in the US labor market," Jefferies Chief US Economist Thomas Simons said in a note on Thursday. "There are many vulnerable points in the global economy that are at risk in the near-term due to potential shortages of all sorts of commodities, but for better or worse, the US economy is likely going to be the most insulated in the world."Gold was down 0.9% at $4,712.20 per troy ounce, while silver lost 3.2% to $75.46 per ounce.
US equity indexes fell as technology and consumer discretionary stocks weighed on investor sentiment, which remains frail as the standoff over the Strait of Hormuz, the choke-point for about a fifth of global crude oil flows, persists.The Nasdaq Composite fell 0.9% to 24,438.50, with the Dow Jones Industrial Average down 0.4% to 49,310.32, and the S&P 500 lower by 0.4% to 7,108.40 on Thursday. Utilities and industrials led the gainers.Shares of IBM (IBM) slid 8.3%, among the steepest decliners on the Dow, following Q1 results. Software growth decelerated to 8% in constant currency from 11% in Q4 and 9% in Q3, a "potential red flag for the bears," CFRA said in a note.Tesla (TSLA) slid 3.6% after the firm issued higher-than-expected 2026 capital expenditure guidance. TechCrunch reported the group is planning to spend $25 billion, compared with $8.5 billion in 2025.ServiceNow (NOW) reported strong Q1 results, but softer organic revenue trends and a slightly weaker margin outlook weighed on the overall forecast, Oppenheimer said in a note. Shares of ServiceNow sank 18%, the worst performer on the S&P 500.Texas Instruments (TXN) soared 19%, among the top outperformers on the S&P 500 and the Nasdaq, after the company posted higher Q1 earnings and sales and set out Q2 guidance above consensus.In geopolitical developments, President Donald Trump ordered the US Navy to "shoot and kill" any boat that is laying mines in Hormuz, according to a Truth Social post on Thursday. On the same day, Iran flaunted its tightened grip over Hormuz with a video of commandos storming a cargo ship named MSC Francesca, Reuters reported.The United States and Iran remain at an impasse, with Tehran refusing to negotiate a peace deal as long as the US Navy continues to blockade its ports and Washington refuses to lift the siege. Trump said the pressure is on Iran to reach a deal ending the war, claiming he has "all the time in the world," CNN reported.Iran "had made the lifting of the US blockade a precondition for the resumption of negotiations," Helima Croft, head of global commodity strategy at RBC Capital Markets, said in a note. "President Trump, for his part, has indicated that the ceasefire will remain in place for now, leaving the conflict in a no airstrike, minimal movement of ships, unsustainable equilibrium."West Texas Intermediate crude oil futures jumped 3.6% to $96.51, and Brent crude futures advanced 3.7% to $105.58.In precious metals, gold futures fell 1.1% to $4,703.3, and silver futures dropped 3.5% to $75.27 as higher crude oil prices tend to raise inflation concerns. Most US Treasury yields rose, reflecting a similar dynamic in the fixed-income complex in addition to the macroeconomic data. The 10-year yield jumped 3.1 basis points to 4.33%, and the two-year rate climbed 3.8 basis points to 3.83%.In US economic news, initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.Meanwhile, the April flash reading of manufacturing conditions from S&P Global improved to a 47-month high of 54.0 from 52.3 in March, compared with the 52.5 anticipated in a Bloomberg-compiled poll.
US equity indexes closed lower on Thursday as oil prices rose amid the US-Iran deadlock on the reopening of the Strait of Hormuz.* President Donald Trump said Thursday on Truth Social that he has ordered the US Navy to "shoot and kill" any boat that is laying mines in the Strait of Hormuz, the choke point for about a fifth of global crude oil flows.* US initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.* May West Texas Intermediate crude oil rose $3.44 to settle at $96.38 per barrel, while June Brent crude, the global benchmark, was last seen up $3.79 at $105.70.* United Rentals (URI) shares were up roughly 23%, the top gainer on the S&P 500, after the company reported higher Q1 adjusted earnings and revenue and lifted its 2026 sales guidance.* ServiceNow (NOW) shares were down nearly 18% after the company reported strong Q1 results, but softer organic revenue trends and a slightly weaker margin outlook weighed on its overall forecast, Oppenheimer said in a note.
Tech stocks were mixed late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.3%.The Philadelphia Semiconductor index added 0.9%.In corporate news, Meta Platforms (META) plans to eliminate roughly 8,000 jobs, or 10% of its workforce, in an attempt to boost efficiency and offset significant spending on AI, Bloomberg reported, citing a memo the company sent to employees. Meta shares were down 2.3%.IBM (IBM) shares fell past 8% after its quarterly results. Software growth decelerated to 8% in constant currency from 11% in Q4 and 9% in Q3, a "potential red flag for the bears," CFRA said in a note late Wednesday.ServiceNow (NOW) reported strong Q1 results, but softer organic revenue trends and a slightly weaker margin outlook weighed on its overall forecast, Oppenheimer said in a note. Its shares tumbled past 17%.Texas Instruments (TXN) shares jumped past 18% after it posted higher Q1 earnings and revenue and set out Q2 guidance above consensus.
US benchmark equity indexes were lower intraday as traders dumped technology stocks, while increased tensions in the Strait of Hormuz sent oil prices higher.The Nasdaq Composite was down 1.3% at 24,336.1 after midday Thursday, while the Dow Jones Industrial Average shed 0.9% to 49,068.4. The S&P 500 lost 0.9% to 7,076.7. Both the Nasdaq and the S&P 500 hit fresh record highs in the previous session.Among sectors, technology saw the steepest decline, shedding 1.8% intraday, while utilities paced the gainers with a 2.4% advance.ServiceNow (NOW) shares sank 18%, the worst performer on the S&P 500, following its quarterly results.Shares of other major tech names were also lower, including Salesforce (CRM), down 9.3% intraday, which was the steepest decline on the Dow, while Microsoft (MSFT) fell 4.2%.International Business Machines (IBM) followed Salesforce on the Dow, falling 9%. Late Wednesday, the technology giant maintained its full-year revenue growth outlook even as it reported first-quarter results above Wall Street's estimates.Tesla (TSLA) declined 2.9% intraday, despite the company reporting stronger-than-expected first-quarter results. The electric vehicle manufacturer said late Wednesday that it is ramping up its capital investments, while Chief Financial Officer Vaibhav Taneja flagged a negative free cash flow for the rest of 2026.Tesla's aggressive capital spending on artificial intelligence initiatives should boost revenue, though it may take some time before those gains materialize, UBS Securities said in a Thursday note to clients.American Express (AXP) shares were down 4.6%, among the biggest declines on the Dow, even as the payments company reported better-than-expected first-quarter results and reiterated its full-year outlook.West Texas Intermediate crude oil was up 3.9% at $96.60 per barrel, while Brent rose 3.6% to $105.55.US President Donald Trump ordered the US navy to "shoot and kill any boat" placing mines in the Strait of Hormuz, he said in a social media post on Thursday.In another post, Trump claimed that the US has "total control" over the key oil supply chokepoint, which he said was sealed "until such time as Iran is able to make a deal."Trump extended a ceasefire with Iran earlier in the week, though he said the naval blockade of Iranian ports would continue. Iran's Islamic Revolutionary Guard Corps on Wednesday reportedly seized two tankers attempting to cross the Strait of Hormuz."Hopes for a resolution between the US and Iran are fading as peace talks stall," ING Bank said Thursday in a report. "If no progress is made, the market will become increasingly numb to the noise and headlines that have dictated price action recently."US Treasury yields were higher intraday, with the 10-year rate up 1.9 basis points at 4.33% and the two-year rate rising 2.1 basis points at 3.83%.In other company news, Comcast (CMCSA) reported higher-than-expected first-quarter results as the media and connectivity giant benefited from the Milan Cortina Winter Olympics and Super Bowl LX. The company's shares were up 8.3% intraday.Thermo Fisher Scientific (TMO) raised its full-year outlook on Thursday as first-quarter results came in stronger than expected, even as organic growth fell short of analysts' estimates. The stock was down nearly 11%, among the steepest declines on the S&P 500.Lockheed Martin's (LMT) first-quarter earnings decreased more than expected, while its sales fell short of market estimates. The defense contractor's shares were 5.5% lower.Gold was little changed at $4,751 per troy ounce, while silver lost 2.2% to $76.29 per ounce.
ServiceNow (NOW) has an average rating of buy and mean price target of $147.74, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $85.09, Change: $-17.98, Percent Change: -17.44%
Avis Budget Group's (CAR) stock plunged 48% as intraday volume topped 13.6 million shares versus the daily average of about 2.12 million.The shares slumped for the second straight day after short sellers pocketed $2.8 billion in Wednesday's rout, Bloomberg reported, citing data from S3 Partners.ASGN (ASGN) shares tumbled 46% a day after the company reported lower Q1 adjusted net income and issued weaker-than-expected Q2 guidance.Volume topped 5.63 million shares versus the daily average of 830,549.ServiceNow (NOW) faces softer organic revenue trends and a slightly weaker margin outlook even after strong Q1 results, Oppenheimer said.The stock fell 18% as volume topped 65 million shares versus the daily average of almost 21.9 million.Price: $230.94, Change: $-213.00, Percent Change: -47.98%
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