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NYSE:NOW 26 May 2026 - 28 July 2026

ServiceNow (NYSE:NOW) surges 6.9% after Q2; Q3 outlook caps gains
ServiceNow stock slides as IBM budget warning turns July earnings into a core-growth test

ServiceNow stock slides as IBM budget warning turns July earnings into a core-growth test

ServiceNow Inc. fell 5.8% to $104.85 in early trading on Tuesday, erasing roughly $6.7 billion of market value, after International Business Machines Corp. warned that spending on AI servers and storage was squeezing software budgets. The move came even as the S&P 500 and Nasdaq opened higher. Investors are treating a hardware-spending shift as an immediate test of ServiceNow’s premium valuation.
ServiceNow Stock Slips Premarket After Nvidia AI Surge

ServiceNow Stock Slips Premarket After Nvidia AI Surge

ServiceNow shares slipped in early premarket moves Tuesday, down 2.17% to $132.91 as shown in a delayed quote on MarketWatch. This comes after the stock rallied 9.24% Monday following Nvidia’s AI news, which had sparked fresh gains in software names that had been under pressure. ServiceNow last finished at $135.86.
2 June 2026
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Taiwan Semiconductor

NYSE: TSM 96 / 100
#2 BUY

AerCap

NYSE: AER 95 / 100
#3 BUY ON PULLBACK

Constellation Energy

NASDAQ: CEG 93 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

American International Group

NYSE: AIG 87 / 100
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Editorial model selection. Not personalised advice.