Core Viewpoint - ServiceNow, Inc. has been upgraded by Morgan Stanley from Equalweight to Overweight, with a new price target of $1,250.00, reflecting confidence in the company's growth potential despite perceived risks [1]. Group 1: Company Performance - ServiceNow has achieved approximately 20% subscription growth, strong margins, and solid cash flow, while continuing to invest in Generative AI [2]. - The company is well-positioned for future growth due to the adoption of Now Assist, workflow integration, and the introduction of new AI products [3]. Group 2: Market Concerns - Despite its strong performance, ServiceNow's shares have underperformed the broader market due to concerns regarding government spending, tougher comparisons, and long-term risks associated with Generative AI innovation [2]. - Investors are cautious about the potential risks that Generative AI poses to traditional seat-based models and the execution risks related to transitioning to a hybrid pricing model [4]. Group 3: Future Opportunities - ServiceNow is expected to benefit from a product cycle related to Now Assist, with potential consumption-related benefits anticipated to materialize in 2026 and 2027 [4]. - The company is developing a robust workflow data fabric that connects various data sources, creating a unified engagement system across multiple business functions [4]. - A growing suite of AI-related products, such as AI Control Tower, is being introduced, emphasizing ServiceNow's commitment to product innovation and its potential to monetize opportunities in the AI space [4].

Apple is building a ChatGPT-like iPhone app to test a revamped version of Siri. Still, the tool is restricted to internal testing only and will not be released to consumers, Bloomberg reported Friday (Sept. 26). The app lets Apple engineers experiment with features such as searching through emails and music or completing in-app tasks like editing photos, giving the company a faster way to refine Siri’s capabilities.By completing this form, you agree to receive marketing communications from PYMNTS and to the ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Everyone thought the metaverse would be the next big thing—it wasn't. But generative AI is plainly not the metaverse. While its full impact will only become clear with time, AI is already leaving its mark on the workplace https://t.co/BI0tahsAoI ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's editorial and broadcast operations span six offices across three continents, ensuring a wide reach in financial news coverage [2] Group 2 - The news team at Proactive delivers unique insights across various sectors, including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows, utilizing automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [4][5]

Core Insights - Alphabet Inc. is recognized as one of the top AI stocks to buy according to Goldman Sachs [1] - The company is integrating its AI model, Gemini, into Chrome for Mac and Windows users in the U.S. [2][3] Product Development - The integration of Gemini into Chrome allows users to minimize tasks and efficiently connect information from various sources [2] - Gemini can answer questions about articles and find references within YouTube videos, enhancing user experience [2] - Upcoming features include assisting users in locating previously visited pages and handling time-consuming tasks [3] Business Expansion - Gemini will soon be available to businesses through Google Workspace, offering enterprise-grade data protections and controls [3] - Mobile users in the U.S. will also gain access to Gemini in Chrome in the near future [3] Company Overview - Alphabet operates through segments such as Google Services, Google Cloud, and Other Bets, with significant investments in Generative AI [4]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's editorial and broadcast operations span six offices across three continents, ensuring a wide reach in financial news coverage [2] Group 2 - The news team at Proactive delivers unique insights across various sectors, including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows, utilizing automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [4][5]

Microsoft (NASDAQ: MSFT) closed Thursday at $507.03, down 0.61% on the session. The stock is still up 21.1% year-to-date, ahead of the S&P 500’s 12.54% rise over the same period.MSFT YTD stock price chart. Source: Google Finance On September 15, Microsoft announced a quarterly dividend increase of 9.6%, raising its payout to $0.91 per share. The move marked the company’s 23rd consecutive year of dividend growth, representing a 10% increase from the prior quarter. At recent levels, the yield stands near 0.7% ...

Core Insights - Starbucks is undergoing a significant restructuring, including layoffs and changes to its corporate structure, as part of its "Back to Starbucks" strategy to reconnect with customer preferences [1][2][4] Financial Overview - The Starbucks board has approved a $1 billion restructuring plan, with approximately 90% of expenses expected to arise from its North American operations, primarily impacting fiscal 2025 [2] - The plan includes the closure of at least 100 North American cafes and remodeling over 1,000 locations, with an anticipated 1% decline in company-operated store count in North America [3] Operational Changes - Starbucks will eliminate around 900 non-retail partner roles and many open positions, with affected employees being notified and offered severance and support packages [3] - The company aims to focus resources closer to customers to enhance coffeehouse experiences and customer service [4] Market Position - Starbucks has faced six consecutive quarters of declining same-store sales, and its market share among Gen Z has decreased from 67% to 61% over the past two years [5] - The company is shifting away from mobile-only "pickup" stores to recreate a "third place" environment, which was key to its previous popularity [4] Leadership and Strategy - The restructuring is led by CEO Brian Niccol and CFO Cathy Smith, both of whom have prior turnaround experience [8] - Smith plans to implement zero-based budgeting to evaluate costs and improve margins, focusing on labor productivity and corporate spending efficiencies [9]

Core Insights - The NEOS Bitcoin High Income ETF (BATS: BTCI) has achieved significant growth, surpassing $700 million in assets under management (AUM) since its launch in October 2024, indicating strong investor interest and confidence in the product [1]. Group 1: Company Performance - The NEOS Bitcoin High Income ETF has demonstrated impressive asset growth, contrasting with the volatility typically associated with the cryptocurrency market [1]. Group 2: Analyst Background - The analyst has a diverse background, transitioning from IT to investment analysis, with 25 years of investment experience and a focus on technology-related themes such as automated supply chains and Generative AI [1]. - The analyst emphasizes a moderate investment approach, shaped by past experiences during the 2008/2009 financial crisis, and aims to provide differentiated insights for investors [1].