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ServiceNow Inc (NYSE:NOW) shares are trading higher Thursday after the company announced an expanded multi-year partnership with Tech Mahindra aimed at helping enterprises move AI projects from pilot programs into full-scale production. Here's what you need to know.
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ServiceNow's AI annual contract value surpassed $1 billion in Q2 2026 with net new AI ACV growing over 40% sequentially, driven by rapid agentic AI adoption and new AI-native pricing models. However, the company faces intensifying competition from Microsoft and Salesforce, which are aggressively expanding their own AI agent offerings and monetization strategies.
Read original at zacks-investment-researchServiceNow stock jumps 9% following strong Salesforce Q2 earnings, an enterprise AI momentum boost, and positive analyst price target upgrades.
Read original at benzingaU.S. stocks mostly higher, Nasdaq up 1%. Synopsys Inc. reports strong Q3 results and raises outlook. Other gainers include Okta, Veeva, Salesforce, Ooma, Crowdstrike, Sailpoint, Hyperliquid, Tenable, Palo Alto Networks, and Zscaler.
Read original at benzinga