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Stock impact report

Jim Cramer on ServiceNow: “This Stock's Been Crushed By AI Displacement Worries” [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
mentioned that the stock was hit recently after reporting its quarterly results because the report and guidance updates failed to get investors “excited.” After the close, we got results from ServiceNow, the cloud software company that helps its customers automate all sorts of back-office jobs, including IT jobs. Now, this stock's been crushed by AI displacement worries, falling from just under $240 at its peak last year down to $103 as of today's close. And tonight, ServiceNow's getting slammed again after the company delivered a set of results and guidance updates that frankly just weren't good enough to get investors excited again, even as the company's adamant that business is business as usual, with most benchmarks better than expected. ServiceNow, Inc. (NYSE:NOW) provides a cloud platform that supports digital workflows through AI, automation, low-code tools, analytics, and a suite of IT, security, customer service, and employee experience products. When presenting his game Show less Read more
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