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Service Corp International
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SCI News17 articles
Snap Shares Recover Amid EU Digital Services Act Investigation
Snap Inc shares gained 2.5% on Monday, recovering slightly from last week's decline triggered by an EU investigation into child-safety practices. The company faces global regulatory pressure as it pursues subscription revenue growth.
Postal Service Faces Cash Crunch, Warns of Delivery Halt Without Congressional Action
The U.S. Postal Service has alerted Congress it could run out of operating funds by November 2026 without legislative intervention, following a $9 billion annual loss. Postmaster General David Steiner stated 71% of delivery routes are unprofitable.
Amazon Faces Key Week After Service Outage, Healthcare AI Launch
Amazon resolved a significant U.S. shopping outage that contributed to a stock decline, while its AWS unit introduced a new AI platform for healthcare. Market focus shifts to upcoming inflation data.
AST SpaceMobile Shares Slide as European Satellite Service Launches
AST SpaceMobile shares declined sharply Friday, closing at $79.19, as Vodafone's European satellite venture commenced operations. Market focus shifts to the company's March 2 business update for launch timing details.
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.
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.
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.
Communication Services Stocks Face Pressure from Pinterest Plunge, Alphabet Debt, and Media Deals
Pinterest's sharp decline on weak ad outlook weighs on the communication services sector, while Alphabet's bond sale and media merger activity set the stage for Tuesday's trading.
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.
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.
Ripple Expands Custody Services Amid XRP Price Volatility and CPI Watch
XRP declined 0.3% to $1.44, extending a weekly loss of 12%, as Ripple announced new custody partnerships with Securosys and Figment. XRP investment products saw $63.1 million in inflows last week despite broader crypto outflows.
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.
Communication Services Sector Lags as AI Spending Concerns Weigh on Big Tech
The Communication Services ETF (XLC) fell 0.4% Friday, diverging from a broad market rally, as Alphabet and Meta declined. Investors scrutinized massive AI capital expenditure plans.
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.
Communication Services Sector Trails Market Rally Amid AI Spending Concerns
The Communication Services Select Sector SPDR Fund (XLC) declined 0.39% on Friday, underperforming the S&P 500's 1.97% gain. Key holdings like Alphabet and Meta fell as investors weigh heavy AI-related capital expenditures.