The Latest Breaking News from ServiceNow

ServiceNow's raised guidance is fueled by its proven ability to turn its AI strategy into significant revenue through strong customer adoption of its platform.

On CNBC's “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, said ServiceNow, Inc. (NYSE:NOW) is around 25% off its 52-week high. It has become a victim of its own success, so it’s probably creating an attractive entry point, he added.

While ServiceNow has underperformed the broader market, Wall Street appears bullish about its prospects.

With markets at all-time highs, thanks to an unprecedented AI boom, it might be tempting to jump in and take your chances.

Artificial intelligence is rapidly reshaping how major companies run their operations, with some executives saying it's already transforming the workforce. ServiceNow Inc. (NYSE:NOW) CEO Bill McDermott says AI agents are taking over repetitive, draining work—and doing it without lunch breaks or healthcare benefits.

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On CNBC's “Mad Money Lightning Round,” Jim Cramer said Affirm Holdings Inc (NASDAQ:AFRM) is a buy. “It's at $72, it's going to $100,” he noted.

See just how much Wall Street its lifted price targets on these big-time AI stocks post-earnings. Compared to their price actions, the answers may surprise.

The market appears to be overlooking ServiceNow’s solid long-term prospects, led by rising demand for its AI and CRM offerings.

ServiceNow's Q2 provided a much-needed catalyst to drive this market higher. It's on track to hit new highs and could gain as much as 30% this year.

ServiceNow (NYSE:NOW) shares are trading higher Thursday after the company reported better-than-expected second-quarter financial results on Wednesday after the market closed.