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Dan Ives Calls AI-Driven Software Selloff 'Most Disconnected Trade,' Says Salesforce And ServiceNow Are Historic Buys
Yahoo Finance· 2026-02-17 11:01
On Friday, Wedbush analyst Dan Ives said Wall Street is misreading the impact of artificial intelligence on enterprise software. AI Disruption Fears Spark Software Rout Speaking on CNBC's "Closing Bell," Ives said investors are pricing in an unrealistic scenario in which AI tools rapidly replace traditional software platforms. "The most disconnected trade I've ever seen in my career on Wall Street," Ives said, referring to the sharp pullback in large-cap software stocks. Don't Miss: Shares of Salesforc ...
ServiceNow, Inc. (NYSE:NOW) Announces 5-for-1 Stock Split
Financial Modeling Prep· 2025-12-11 10:04
Core Viewpoint - ServiceNow, Inc. has announced a 5-for-1 stock split scheduled for December 18, 2025, aimed at making shares more accessible and increasing liquidity [2][5]. Company Overview - ServiceNow is a significant player in the cloud computing industry, providing enterprise solutions that streamline digital workflows and compete with tech giants like Salesforce and Microsoft [1]. Stock Split Details - The stock split will allow shareholders to receive five shares for every one share they currently own, with shareholders of record by December 16, 2025, receiving additional shares after the market closes on December 17, 2025 [2][5]. - The current stock price is $853.16, reflecting a slight decrease of 0.20% or $1.75, with a trading range today between $846.14 and $861.66 [3]. Market Capitalization and Trading Activity - ServiceNow's market capitalization is approximately $177.09 billion, indicating its significant presence in the tech industry [4][5]. - The trading volume today is 967,787 shares on the NYSE, and the stock split is expected to enhance trading activity and attract a broader range of investors [4].