ServiceNow Q4 Earnings Results Underwhelm. Software Stocks Sell Off.

Group 1 - ServiceNow reported fourth-quarter earnings and revenue that exceeded Wall Street estimates, but the magnitude of the beats may have disappointed some investors [1] - Following the earnings report, ServiceNow's stock experienced a decline, contributing to a broader sell-off in the software sector alongside SAP's earnings [1] - The ongoing negative sentiment in the software industry is evident, as reflected in the market reaction to ServiceNow's results [1] Group 2 - ServiceNow announced a 5-to-1 stock split, which is part of its strategy to enhance shareholder value [1] - The company is set to acquire Armis for $7.75 billion, a move that has raised concerns among investors and analysts [1] - Morgan Stanley upgraded ServiceNow's stock based on a positive outlook regarding artificial intelligence, indicating potential growth opportunities in this area [1]