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Bank of America resets ServiceNow stock price target sharply
TheStreet89d agoneutral
Bank of America resets ServiceNow stock price target sharply

Wall Street sometimes loves to misread particular kinds of stocks. And it is always the ones that look disrupted from the outside but are actually getting more deeply embedded on the inside. ServiceNow (NOW) has spent much of 2026 carrying that misread. The stock fell roughly 38% year to date the ...

Freshworks to cut 11% jobs as AI reshapes software sector
Reuters102d agoneutral
Freshworks to cut 11% jobs as AI reshapes software sector

Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples ‌with an industry being reshaped by artificial intelligence. Shares of the company were ‌down around 5% in extended trading. Peer Atlassian, last month, said it would slash roughly 10% of jobs.

ServiceNow CEO sends blunt message on acquisitions
TheStreet103d agoneutral
ServiceNow CEO sends blunt message on acquisitions

Wall Street has been watching ServiceNow closely. The enterprise software giant has gone on a buying spree, snapping up the artificial intelligence firms Moveworks, Veza, and Armis in quick succession. Some investors wondered whether the company was papering over a growth gap. ServiceNowCEO ...

While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding
24/7 Wall St.103d agoneutral
While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding

NVIDIA (NASDAQ:NVDA) is the stock dominating every retirement account discussion, every cable hit, and every chart on Twitter, and the multi-year run is precisely why. The more important signal sits elsewhere. Semiconductor revenue is cyclical. Always has been. The Bureau of Economic Analysis already shows the math: manufacturing’s share of GDP fell from 9.7% in ... While NVDA Dominates Headlines, Here’s Where the Real AI Economics Are Hiding