Why Is ServiceNow (NOW) Stock Soaring Today

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ServiceNow (NOW) stock jumped 5.2% after announcing new AI solutions, “EmployeeWorks” and “Autonomous Workforce,” aimed at the public sector, and forming partnerships. The company’s stock has been volatile but the market views these developments as meaningful, though not fundamentally business-changing. Despite a year-to-date decline, the recent moves suggest investors are reconsidering their stance on AI-related stocks.

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