ServiceNow Stock Jumps on Enterprise AI Momentum
ServiceNow stock jumps 9% following strong Salesforce Q2 earnings, an enterprise AI momentum boost, and positive analyst price target upgrades.
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ServiceNow (NOW) shares fell ~2% on profit-taking. Read the latest technical analysis, cooling momentum indicators, and levels.
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ServiceNow stock jumps 9% following strong Salesforce Q2 earnings, an enterprise AI momentum boost, and positive analyst price target upgrades.
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Read original at benzingaSalesforce shares surge 13% on Q2 earnings beat, soaring AI Agentforce usage, and an expanded Anthropic AI partnership.
Read original at benzingaServiceNow stock rallied 9.2% following Salesforce's strong earnings report, which alleviated fears of a 'SaaS-pocalypse' from agentic AI. Salesforce reported 10.8% revenue growth, beat EPS estimates by 80%, and showed its AI-infused Agentforce features growing at 210% annualized revenue run rate. Both companies are positioned as platforms that will collaborate with AI rather than be disrupted by it, with Salesforce announcing a partnership with Anthropic called 'Claudeforce.'
Read original at the-motley-foolServiceNow'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.
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