Group 1 - ServiceNow (NYSE: NOW) stock is facing pressure along with the overall software sector due to investor concerns about AI technology potentially rendering software solutions obsolete across companies [1] - ServiceNow asserts that its software solutions are enhanced with AI capabilities, positioning itself as a leader in the evolving software landscape [1]

Group 1: Market Overview - The narrative of "Software-mageddon" is gaining traction among global investors, with debates on whether to initiate bullish calls on recently battered software stocks [1] - Large institutional investors are beginning to enter the market to buy the dip in software stocks that have experienced significant declines, with some supporting optimistic views on AI-focused software giants [1][3] - The S&P 500 Software and Services Index has dropped approximately 25% since its recent peak at the end of October, while the overall S&P 500 index has remained relatively stable [3][4] Group 2: Impact of AI Tools - The launch of Anthropic's AI programming tool, Claude Cowork, has intensified fears of AI agents disrupting the SaaS software industry, leading to a collective sell-off in software stocks [2] - The S&P 500 Software and Services Index experienced its worst performance since May 2002, with a significant market cap loss exceeding $800 billion [4] Group 3: Investor Reactions and Divergence - Institutional investors are showing mixed reactions, with some cautiously buying while others remain hesitant, indicating a divide in sentiment regarding the software sector [8] - Some portfolio managers are starting to see long-term value in certain software stocks, while others are waiting for stronger catalysts, such as robust AI-related revenue reports, before making aggressive purchases [8][9] Group 4: Future Outlook and AI Integration - The market is reassessing the value chain in the software industry, with AI potentially redistributing profits rather than completely replacing existing software infrastructure [11][12] - The current sell-off is seen as a response to the question of how much profit pools will be redistributed among SaaS vendors due to AI advancements, with a focus on real deployment and revenue growth from AI-related products [12][13]

ServiceNow, Inc. (NYSE:NOW) is one of the noteworthy S&P 500 stocks Jim Cramer highlighted. Cramer mentioned the stock while explaining why the software companies are struggling, as he commented: ServiceNow was the fourth worst performer with an almost 24% pullback…  Now, I think ServiceNow really stands out as a poster child for what’s happening to the group. We just had chairman and CEO Bill McDermott on the show last Wednesday night after ServiceNow reported a very good quarter. That was a beat on ever ...

Atlassian公司股价下跌1.6%，Adobe公司股价下跌2.5%，Salesforce公司股价下跌2.7%，ServiceNow公司 股价下跌2.7%。云顶软件股价下跌3%，数据狗股价下跌2.2%，直觉外科股价下跌4.9%。 本文源自：金融界AI电报 ...

Completion of One Brand strategy delivers operating leverage, improves cross-sell execution, and strengthens the Company’s platform for scalable growth in 2026TORONTO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”) today announced the completion of its One Brand strategy, with all acquired businesses now operating under the NowVertical brand. This milestone marks the conclusion of the Company’s integration phase announced 1st August 2024 (https://www.no ...

Core Viewpoint - The market is currently favoring hardware and industrial companies while software companies are facing significant declines, driven by fears of obsolescence due to AI advancements [2][4][19]. Group 1: Market Trends - The Dow dropped 167 points, reflecting a broader market trend where software stocks are being heavily sold off, with the NASDAQ down 1.43% [2]. - High-quality enterprise software stocks like Salesforce, ServiceNow, and Adobe reported strong earnings but still saw their stock prices decline significantly [4]. - The market sentiment indicates a collective belief that software companies are at risk of being replaced or diminished by AI technologies [5][16]. Group 2: Company Performance - Major software companies such as Microsoft, Salesforce, Oracle, and Adobe experienced stock declines ranging from 3% to 11% [10][11]. - Companies that utilize software, like Procter & Gamble and FedEx, are currently performing well despite their own earnings challenges [8]. - Private equity firms with stakes in enterprise software companies are also facing pressure, as the market for new public offerings in this sector appears to be closing [18]. Group 3: Investment Strategies - There is a growing trend of investors using ETFs to short software stocks, indicating a bearish outlook on the sector [9]. - Some analysts suggest that it may be prudent to take advantage of the current low prices of certain tech stocks that are being unfairly dragged down by the broader software sell-off [12]. - The shrinking price-to-earnings multiples for software companies suggest that investors are becoming increasingly cautious about future earnings potential [16][17].

Market Overview - Investors are advised to be cautious following significant declines in software stocks, driven by fears of AI disruption to business models [1] - The indiscriminate selling in the software sector has made it challenging to determine where valuations will stabilize [1] Software Stock Performance - Wall Street has adopted a negative sentiment towards software-related companies, leading to a broad sell-off, including firms that primarily collect data [2] - Notable declines include ServiceNow, which fell nearly 7% (28% year-to-date), Salesforce down about 7% (26% year-to-date), and Intuit dropping nearly 11% (over 34% year-to-date) [2] Earnings and Valuation Concerns - Despite the declines, reported profits for software stocks have not collapsed; however, Wall Street is paying less for these earnings due to future uncertainties [3] - The shrinking price-to-earnings multiple presents a challenge for investors, as it is unclear how low valuations can go [4] Selectivity in Investment - Selectivity is crucial in the current market, with some investors shifting focus to companies that heavily invest in software, such as banks and industrials, although many of these stocks have already appreciated [4] - The CNBC Investing Club has made selective purchases, such as CrowdStrike, which is viewed as a cybersecurity provider less affected by the broader software sell-off [5] Market Dynamics - The market is characterized by a divide between "winners" (users of software) and "losers" (providers of software), suggesting that the pain may not extend beyond the software sector [5]

市场风险偏好有所下降！ 北京时间2月4日凌晨，美股三大指数集体下跌，纳指跌幅超过1%。科技股全线下挫，美光科技跌超4%，英伟达、微 软跌近3%。 投机属性更强的加密货币市场也再度跳水。比特币盘中一度暴跌7%并跌破7.3万美元。截至发稿，比特币、以太坊跌 近4%，Solana跌超5%。coinglass数据显示，刚刚过去的24小时内，加密货币全网合约爆仓超7亿美元，爆仓人数高 达16.98万人。 周二，美股三大指数集体跳水，纳指盘中跌幅一度超过2%，标普500指数一度跌超1.6%，道指跌幅也一度超过1%。 截至收盘，纳指跌1.43%，标普500指数跌0.83%，道指跌0.34%。 美国大型科技股多数下跌，万得美国科技七巨头指数跌幅达1.62%。个股方面，英伟达、微软跌近3%，脸书跌超 2%，亚马逊跌近2%，谷歌跌超1%，苹果跌0.2%，特斯拉微涨0.04%。其他个股方面，美光科技跌超4%，甲骨文、高 通跌超3%。此外，软件股延续跌势，ServiceNow跌7%，Salesforce跌6.85%。 英伟达CEO黄仁勋周二否认了与OpenAI交易生变的传闻。他在接受媒体采访时明确表示，公司投资OpenAI的计划仍 ...

Core Viewpoint - AI application software stocks experienced a significant decline following the announcement of Google's "Project Genie," which allows users to create and interact with virtual worlds [1] Group 1: Stock Performance - Shopify (SHOP.US), Cloudflare (NET.US), and ServiceNow (NOW.US) all fell over 7% [1] - SAP SE (SAP.US) and Salesforce (CRM.US) dropped more than 5% [1] - Applovin (APP.US) decreased by over 3% [1] Group 2: Google's Announcement - Google introduced "Project Genie," a product that supports the creation and interaction of virtual worlds [1] - The company stated that even in its early version, trusted testers can create diverse and engaging virtual worlds and experiences [1] - Google has launched a prototype version of "Project Genie" for AI Ultra paid subscribers in the U.S. [1]

Core Viewpoint - ServiceNow, Inc. is recognized as a promising investment opportunity in the AI sector, with analysts highlighting its undervaluation and potential for growth driven by AI token renewals [1][2]. Group 1: Investment Potential - Bernstein analyst Peter Weed reiterated an Outperform rating on ServiceNow with a price target of $219.00, indicating belief in the stock's undervaluation [1]. - The firm describes ServiceNow as a "discount large cap growth" opportunity, suggesting it is relatively cheap compared to other large-cap software companies with market capitalizations over $50 billion [2]. - Analysts noted that the premium historically assigned to high-growth software has diminished, resulting in ServiceNow trading at lower multiples despite increasing growth forecasts for fiscal 2028 [2]. Group 2: Revenue Projections - Bernstein projects a 30 basis point currency-constant subscription revenue beat for ServiceNow, anticipating that AI will reach $1.2 billion in annual contract value by FY26, exceeding the company's guidance of $1 billion [3]. - There is potential conservatism in the company's model, as it does not account for possible early consumption-driven renewals from customers in the FY24 AI cohort, which could lead to additional revenue in the second half of FY26 [4]. Group 3: Market Context - The analysis suggests that while ServiceNow has investment potential, other AI stocks may offer greater upside with less downside risk, indicating a competitive landscape in the AI investment space [5].