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NOW News22 articles
AI Disruption Threatens Entry-Level Jobs, CEOs Warn of Graduate Unemployment Spike
Top executives from ServiceNow and BlackRock caution that artificial intelligence is rapidly displacing entry-level white-collar positions, potentially pushing graduate unemployment into the mid-30 percent range within years.
UiPath Shares Stagnate as Slashed Price Target Fuels AI Revenue Concerns
UiPath shares were nearly unchanged Monday, underperforming the broader AI rally after BMO Capital reduced its price target. The automation firm faces scrutiny over its decelerating revenue growth projections for fiscal 2027.
Salesforce's Massive Buyback Plan Draws Credit Downgrade, Market Skepticism
Salesforce faces a credit rating downgrade from Moody's and a negative outlook from S&P after announcing plans to fund a $50 billion share repurchase program with debt. The company's stock fell as investors weighed the balance sheet risks against management's confidence in future growth.
Salesforce Shares Dip Amid Software Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, underperforming the broader software sector, following last week's revenue forecast that missed analyst expectations. Investors are evaluating new partner program changes and the company's push into AI agents.
Salesforce Shares Dip Amid Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, lagging a broader software sector rally, following last week's revenue guidance miss and a $50 billion buyback announcement. Executives are set to speak at a Morgan Stanley conference Tuesday.
Salesforce Shares Slide Amid AI Uncertainty, Key Conference Ahead
Salesforce shares declined 2.35% Friday, closing at $194.79 amid a broader software sector selloff. Investors are focused on AI agent adoption and enterprise spending trends ahead of a key Morgan Stanley conference appearance.
ServiceNow Retreats After AI Workforce Launch; Focus Turns to Adoption Metrics
ServiceNow shares fell 1.18% to $108.01, giving back some of Thursday's 5% surge after unveiling new AI tools. Analysts highlight the shift from summarizing to action-taking AI but warn of implementation hurdles.
ServiceNow Gains on AI Workforce Launch Amid Yearly Decline
ServiceNow shares climbed roughly 3% following the introduction of new AI-driven automation products. The stock remains down approximately 29% for the year.
Salesforce Shares Dip on Growth Concerns, AI Acquisition Ahead of Earnings
Salesforce shares declined over 1% after UBS reduced its price target, highlighting a lack of clear growth acceleration. The company also announced an acquisition to bolster its AI platform with more voice and video data.
ServiceNow Gains 3.6% Ahead of Holiday; Executive Appointment, Insider Sales Noted
ServiceNow shares advanced 3.6% Friday, closing at $107.08. The company named Danielle Fontaine as chief accounting officer, and director Paul Chamberlain sold shares under a Rule 10b5-1 trading plan.
Salesforce Gains Ahead of Holiday, AI Acquisition and Earnings in Focus
Salesforce shares closed at $189.72, up 2.3%, with heavy trading volume ahead of the market holiday. The company's recent AI acquisition and cost discipline are under scrutiny as investors await quarterly results.
ServiceNow Gains on Inflation Data, Insider Moves and Leadership Shift in Focus
ServiceNow shares climbed 3.6% to $107.08 Friday, buoyed by a softer U.S. inflation report. Investors are monitoring insider transactions, a leadership transition, and the company's financial targets.
Salesforce Gains Ahead of Earnings as Investors Eye AI Monetization
Salesforce shares advanced as markets prepared for a holiday break, with attention turning to the company's upcoming quarterly results and AI strategy.
Salesforce Shares Drop on AI Deal and Layoff Concerns
Salesforce stock fell 4.4% in after-hours trading amid reports of workforce reductions and questions about AI investment returns. The company confirmed its acquisition of AI startup Cimulate.
AI Sector Diverges: Chipmakers Gain as Software Stocks Retreat
AI stocks moved in opposite directions Wednesday, with semiconductor names like Nvidia rising while software giants Microsoft and Alphabet declined. Investors rotated ahead of key inflation data and earnings.
ServiceNow Leads Software Rebound as Analysts Cite AI Overreaction
ServiceNow shares climbed 2.5% to $106.48, leading a broader software recovery after a recent selloff. JPMorgan and Morgan Stanley analysts attributed the decline to sentiment-driven AI fears rather than fundamental weakness.
Cisco Unveils AI Networking Chip, Rivals Slip on China and Capex Concerns
Cisco introduced a new networking chip for AI data centers, intensifying competition with Nvidia and Broadcom. Meanwhile, AI hardware stocks faced pressure from U.S.-China licensing scrutiny and investor worries over capital spending.
Salesforce Shares Gain Amid Reported Workforce Reduction Ahead of Earnings
Salesforce stock advanced about 1% Tuesday following reports of limited job cuts, with investors focusing on upcoming quarterly results for updates on AI strategy and cost management.
ServiceNow Leads Software Rebound as AI Anxiety Subsides
ServiceNow shares gained nearly 4% as software stocks recovered from recent declines, buoyed by record retail inflows into a tech-software ETF despite lingering sector volatility.
ServiceNow Leads Software Rebound as Traders Eye Key Economic Data
ServiceNow shares surged over 3% in late trading, leading a broad software sector recovery. Investors are closely watching upcoming U.S. payrolls and inflation data for market direction.
ServiceNow Shares Rebound Amid Software Sector Volatility
ServiceNow stock gained 2.3% as software stocks stabilized following a sharp selloff. Investors remain focused on AI's impact on software business models.
Tech Giants' Massive AI Spending Spree Sparks Investor Concerns Over Cash Flow
Major tech firms plan over $630 billion in AI data center investments for 2026, raising fears about vanishing free cash flow and potential cuts to shareholder returns. Amazon shares fell 9% after announcing a $200 billion capex plan.