🟢 NOW is trading 5.6% up today after unveiling AI agent of agents strategy at Knowledge 2026

NOW is trading at $94.08 (+5.6%) after CEO Bill McDermott unveiled a major strategic pivot at the Knowledge 2026 conference, repositioning the firm as the AI agent of agents.

• The new strategy shifts ServiceNow from a traditional workflow software vendor to an enterprise AI orchestration platform, driving momentum following an initial 4.7% jump to $93.20.
• The stock's recovery from a 3.22% decline on May 6 reflects strong investor enthusiasm, significantly outperforming the NASDAQ's 0.41% gain today.
• This company-specific catalyst positions ServiceNow favorably within the competitive AI enterprise software landscape despite mixed broader market conditions.