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Stock impact report

Why Intuit says it is insulated from AI disruption [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
users “buy confidence,” not software, given the high cost of getting financial decisions wrong, the company told Investing.com. The financial software firm's comments come as software stocks have come under pressure in recent months, with investors growing increasingly concerned that rapidly advancing artificial intelligence tools could disrupt the sector. The IGV (BMV:IGV) software and services ETF has tumbled 20% this year, underperforming the broader S&P 500, which has slipped 2.1% in 2026 as of Monday's close. Among the most impacted names, Salesforce (NYSE:CRM) and ServiceNow (NYSE:NOW) have each fallen 25% year-to-date, Oracle (NYSE:ORCL) has dropped 20%, and Microsoft (NASDAQ:MSFT) has declined 17%. Intuit shares, meanwhile, have fallen as much as 31.7% over the same period. Citing external market volatility, the TurboTax maker said on Monday that its executive leadership team and founder are terminating all outstanding pre-scheduled stock sale plans established under Show less Read more
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