ServiceNow (NOW) is trading at $91.03 (+4.57%) amid a wider tech sector rally. The stock is also benefiting from positive company-specific developments related to its AI platform.
- The company announced an expansion of its Autonomous Workforce offering at its Knowledge 2026 event, adding new AI specialists for various enterprise functions.
- On May 14, ServiceNow also announced a new integration with FedEx Dataworks to optimize procurement workflows, leveraging FedEx's network data.
- The broader market is being driven by strong earnings from tech giants like Cisco and optimism around a U.S.-China summit focused on technology and chip restrictions.