ServiceNow, Inc. (NYSE:NOW) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 5:10 PM ET Company Participants Gina Mastantuono - CFO Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us this afternoon. I'm Keith Weiss. I run the US Software research franchise here at Morgan Stanley, and very pleased to have with us from ServiceNow CFO, Gina Mastantuono. Gina, thank you for joining us. Gina Mastantuono Thanks, Keith. Great to ...

Close-up of logo at headquarters of software company Servicenow, Pleasanton, California, July 2, ... [+] 2019. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesIs generative AI more than hype? For Nvidia comes, the answer is yes. Growth in demand for the company’s AI chips since ChatGPT came on the seen has shown up as triple-digit revenue growth.For other companies, the evidence of demand for their generative AI products is not significant enough to warrant reporting as a distinct source o ...

The latest trading session saw ServiceNow (NOW) ending at $771.34, denoting a +1.52% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.52%. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq gained 0.9%.Prior to today's trading, shares of the maker of software that automates companies' technology operations had lost 0.73% over the past month. This has lagged the Computer and Technology sector's gain of 1.9% and the S&P 500's gain of 3. ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), Hugging Face, and NVIDIA, today announced the release of StarCoder2, a family of open-access large language models (LLMs) for code generation that sets new standards for performance, transparency, and cost-effectiveness. StarCoder2 was developed by the BigCode community, stewarded by ServiceNow, the leading digital workflow company making the world work better for everyone, and Hugging Face, the most-used open-source platform where the machine ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ServiceNow (NOW) .ServiceNow currently has an average brokerage recommendation (ABR) of 1.18, o ...

Investor interest in the cloud computing industry has exploded recently due primarily to the innovative technology movement occurring with data centers, machine learning, and generative artificial intelligence (AI). Companies such as Alphabet (NASDAQ:GOOGL) have increased their total cloud revenue year-over-year by 26% while Salesforce (NYSE:CRM), one of a handful of pure-play cloud stocks, saw its share price grow by over 75% last year.Overall working conditions for most Americans have drastically changed ...

BARCELONA, Spain--(BUSINESS WIRE)--Mobile World Congress -- ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire NetACE™ network management and automation technology from Atrinet to accelerate business transformation for telecommunications companies (telcos). Once re-platformed into the ServiceNow platform, Atrinet’s NetACE technology will enable comprehensive, end-to-end network lifecycle management for ...

BARCELONA, Spain--(BUSINESS WIRE)--Mobile World Congress 2024: Segra, one of the largest independent fiber infrastructure bandwidth companies in the U.S., announced they have selected ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, as the platform for its digital business transformation. Segra will use ServiceNow Telecommunications Service Management to power SegraOne for Case and Incident Management, a new solution that will simplify everyday work and ...

BARCELONA, Spain--(BUSINESS WIRE)--Mobile World Congress: ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, and NVIDIA (NASDAQ: NVDA) today announced that they are broadening their relationship with the introduction of telco-specific generative AI solutions to elevate service experiences. The first solution, Now Assist for Telecommunications Service Management (TSM), is built on the Now Platform and uses NVIDIA AI to help boost agent productivity, spe ...

It has been about a month since the last earnings report for ServiceNow (NOW) . Shares have added about 0.3% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is ServiceNow due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. ServiceNow Q4 Earnings Beat Estimates, Revenues ...