Tech Mahindra and ServiceNow Expand Partnership to Deliver Production-Ready Enterprise AI at Scale
Tech Mahindra and ServiceNow have expanded their multi-year partnership to accelerate the deployment of enterprise AI at scale. The collaboration leverages Tech Mahindra's industry expertise and ServiceNow's AI platform to help businesses move beyond AI pilots to production-ready solutions, focusing on industries like manufacturing, telecom, and BFSI. A key aspect is Tech Mahindra's "Client Zero" approach, where they validate solutions within their own operations before broader customer rollout, aiming for faster time-to-value and measurable business outcomes.
Ondaro Launches Outcome-Based, AI-Enabled Managed Services Offering for the ServiceNow Platform
Ondaro has launched Ondaro Propel, an AI-enabled managed services offering for the ServiceNow platform, designed to replace traditional reactive, hours-based models. This new service provides guaranteed monthly capacity for both development and operations, guided by a dedicated Service Delivery Manager and accelerated by Ondaro's AI platform. The aim is to shift platform owners from managing their services to strategically leading their platforms, focusing on outcomes and future direction.
Serval Wants To Replace ServiceNow With AI That Builds Enterprise Automation
Serval, a $1 billion AI startup, is aiming to replace ServiceNow with its new Catalyst AI agent that automates enterprise workflows. Catalyst analyzes ticket histories to identify recurring problems, then generates the necessary code, workflows, and permissions for automation, requiring administrator approval before deployment. While ServiceNow reports strong AI business growth, Serval claims many of ServiceNow's AI products go undeployed, positioning itself as a faster, AI-native alternative.
Knuff & Co LLC Invests $5.95 Million in ServiceNow, Inc. $NOW
Knuff & Co LLC has invested $5.95 million in ServiceNow, Inc. (NYSE:NOW) by acquiring 59,976 shares, making it 1.5% of their portfolio. Institutional investors collectively own 87.18% of the stock. Despite a director's planned share sale and AI-related pricing risks, analysts largely maintain a "Moderate Buy" rating with an average price target of $144.24, following ServiceNow's recent earnings beat.
Tech Mahindra and ServiceNow Expand Partnership to Deliver Production-Ready Enterprise AI at Scale
Tech Mahindra and ServiceNow have expanded their multi-year partnership to accelerate the adoption of enterprise-scale AI. This collaboration will combine ServiceNow's AI platform with Tech Mahindra's industry expertise to help customers move from AI pilots to production-ready deployments, focusing on faster time-to-value, industry-specific solutions, and outcome-led AI programs. Tech Mahindra will also establish a dedicated AI & Innovation Center of Excellence within its ServiceNow practice.
27,803 Shares in ServiceNow, Inc. $NOW Purchased by E Fund Management Co. Ltd.
E Fund Management Co. Ltd. has purchased 27,803 shares of ServiceNow, Inc. (NYSE:NOW) valued at approximately $2.76 million. Institutional investors collectively own 87.18% of the company, and analysts generally maintain a "Moderate Buy" rating with an average target price of $144.24. ServiceNow recently surpassed quarterly earnings expectations, reporting $0.90 EPS on revenues of $3.99 billion.
AssuredPartners Investment Advisors LLC Takes $2.77 Million Position in ServiceNow, Inc. $NOW
AssuredPartners Investment Advisors LLC has acquired a significant position in ServiceNow, Inc., purchasing 27,919 shares valued at approximately $2.77 million in the second quarter. This move comes as ServiceNow exceeded quarterly expectations with strong revenue growth, and analysts maintain a "Moderate Buy" rating for the company, supported by opportunities in AI and cybersecurity. However, the article also notes potential risks related to AI-driven pricing pressure and challenges in integrating acquisitions like Armis, alongside an insider stock sale.
ServiceNow Stock: A Clear AI Winner With Scope For A Q3 Beat (NYSE:NOW)
ServiceNow (NOW) continues to exhibit strong fundamentals, mitigating concerns about AI disruption and strengthening its competitive standing. The company reported a significant increase in subscription revenues, up 23% to $3.8 billion, alongside healthy growth in cRPO and RPO. These robust results underscore ServiceNow's forward momentum, suggesting confidence in its continued growth and resilience, with potential for a strong Q3 performance.
ServiceNow’s stock leads a software rally. Here’s what’s energizing investors.
ServiceNow's stock led a software rally on Wednesday, closing up 6.5%. Investors are increasingly confident that traditional software companies, particularly those in the software-as-a-service sector, will be resilient against artificial intelligence disruption, which has previously concerned the market. This shift in sentiment is energizing the software trade.
ServiceNow (NYSE: NOW) CEO has 2,236 shares withheld for taxes after RSU vest
ServiceNow (NYSE: NOW) CEO William R. McDermott reported equity compensation activity where 4,160 Restricted Stock Units vested on August 17, 2026. Of these, 2,236 shares were withheld at $117.70 per share to cover federal and state tax obligations. Following this transaction, McDermott directly holds 8,320 shares and indirectly holds 24,405 shares through a trust.
ServiceNow (NYSE: NOW) HR chief vests 970 RSUs, keeps 1,945
ServiceNow's Chief People & AI Enablement Officer, Jacqueline P. Canney, had 970 Restricted Stock Units (RSUs) vest on August 17, 2026. Of these, 496 shares were withheld for tax obligations at $117.70 per share, and she now holds 1,945 RSUs that continue to vest quarterly. This transaction is a routine vesting of previously granted equity awards.
Data observability specialist Bigeye puts focus on AI spend
Bigeye has launched Cost Anomaly Detection within its Agent Trust Hub to help organizations monitor and manage their AI spending. This new feature automatically alerts users to unexpected increases or decreases in AI agent costs, addressing a significant concern for enterprises moving AI initiatives into production. Analysts emphasize the importance of measuring AI agent spend to prevent governance failures and wasted resources.
Is ServiceNow (NOW) Quietly Becoming the Default Orchestrator for Enterprise AI Automation?
ServiceNow's (NOW) role in enterprise AI automation is expanding, as highlighted by its partnership with Tribal to integrate Tribal's Metadata Fabric and AI agents onto the ServiceNow AI Platform. This collaboration positions ServiceNow as a central orchestration layer for third-party, metadata-aware AI builders. The article suggests this strengthens ServiceNow's investment narrative, particularly concerning AI platform adoption and security, while acknowledging ongoing risks related to competitive and pricing pressures in agentic AI.
Why ServiceNow Stock Rallied Today
ServiceNow stock rallied sharply after a Bank of America analyst maintained a buy rating and raised its price target, citing an improving outlook for software stocks and easing fears of AI disruption. The analyst believes the market's negative view on software stocks has gone too far, and ServiceNow's tools, deeply embedded in customer workflows, could even benefit from the proliferation of AI agents. Despite the rally, the stock remains significantly below its peak, offering a discount compared to its historical average multiple.
ServiceNow Inc. stock outperforms competitors on strong trading day
ServiceNow Inc. (NOW) shares rose by 6.45% to $127.20 on Wednesday, outperforming the broader market indexes. The S&P 500 Index and the Dow Jones Industrial Average both saw modest gains. This marks the second consecutive day of increases for ServiceNow stock.
The Selling Goes Too Far": Jim Cramer Defends ServiceNow, Salesforce, and Other Software Giants Against Extinction Fears
Jim Cramer argues that the market has overreacted to the software selloff, contending that fears of AI-fueled competition displacing established giants like ServiceNow, Salesforce, Cadence Design Systems, and Workday are largely theoretical. He highlights that these companies continue to show strong revenue growth and high renewal rates, trading at significantly reduced valuations despite their robust fundamentals. Cramer believes that while the market has priced in an "extinction bet," these software stocks are becoming too cheap to ignore, suggesting the selling has gone too far.
Rimini Street Unveils Agentic AI ERP Strategy to Modernize Legacy Systems
Rimini Street (NASDAQ: RMNI) has announced its "Agentic AI ERP" strategy, expanding beyond third-party support to become a provider of AI-enabled modernization for organizations using existing ERP systems. This new strategy involves connecting AI agents and workflows to legacy Oracle, SAP, and other ERP systems, reducing the need for costly cloud migrations. The company aims to help clients achieve "self-funded innovation" by redirecting savings from software upgrades towards AI capabilities, projecting an expanded addressable market from $15 billion to $80 billion.
ServiceNow May Be Bottoming As Semiconductors Are Collapsing (NYSE:NOW)
ServiceNow (NOW) has shown an uptrend, forming a bullish symmetrical triangle after a prolonged decline. The company trades at a normalized valuation with an estimated 3-5 year EPS CAGR of 24.5%. The author assigns a Buy rating with an 18-month price target of $156, based on a 25 P/E and $6.25 normalized EPS, while acknowledging risks such as potential triangle breaks and macro-driven software sector pullbacks.
ServiceNow (NOW) Partnerships Put Per User Licensing Under Fresh AI Pressure
ServiceNow's new AI partnerships, including one with Tribal, are challenging its traditional per-user licensing model by enabling AI agents to handle workflows previously done by human users. This shift could lead to more usage-based or outcome-based pricing. Investors should monitor how ServiceNow reports its revenue mix between per-user and AI-driven models on future earnings calls to understand the impact of these changes.
monday.com (MNDY) Is Down 6.0% After AI Pivot, Job Cuts And Buybacks - Has The Bull Case Changed?
monday.com (MNDY) reported Q2 2026 results including $364.62 million in revenue and $3.46 million in net income, alongside a $870.03 million share repurchase. The company is pivoting to an AI-driven workspace, which involves a 20% workforce reduction and reaffirmed 2026 revenue guidance. This strategic shift aims to deepen customer reliance and maintain profitability, with the success hinging on the adoption of new AI products and efficient execution of the restructuring.
Wealthfront Advisers LLC Invests $15.93 Million in ServiceNow, Inc. $NOW
Wealthfront Advisers LLC recently acquired a new position in ServiceNow, Inc. (NYSE:NOW), purchasing 160,440 shares valued at approximately $15.93 million during the second quarter. This move is part of broader institutional interest, with several other hedge funds also increasing their holdings in the information technology services provider. The article also discusses ServiceNow's recent financial performance, analyst ratings, and key news impacting the company's stock, including positive sentiment around its AI platform partnerships and security strategy, alongside some negative sentiment regarding valuation and software sector rotation.
Meeder Advisory Services Inc. Acquires Shares of 29,022 ServiceNow, Inc. $NOW
Meeder Advisory Services Inc. recently acquired 29,022 shares of ServiceNow, Inc. (NYSE:NOW) valued at approximately $2.88 million. This comes as other institutional investors have also adjusted their holdings in the company. ServiceNow currently holds a "Moderate Buy" consensus rating from analysts, with a target price of $143.76, amidst positive sentiment around its AI platform partnerships and cybersecurity acquisitions, alongside some concerns regarding valuation and sector rotation.
5,039 Shares in Intuit Inc. $INTU Bought by Perigon Wealth Management LLC
Perigon Wealth Management LLC has acquired 5,039 shares of Intuit Inc. (NASDAQ:INTU) stock, valued at approximately $1.315 million. This purchase highlights continued institutional interest in Intuit, with hedge funds and other institutional investors collectively owning 83.66% of the company. Despite some recent price target reductions from analysts, Intuit maintains a "Moderate Buy" consensus rating, driven by strong quarterly revenue, EPS beats, and strategic growth in AI and enterprise software.
Danica Pension Livsforsikringsaktieselskab Invests $5.08 Million in ServiceNow, Inc. $NOW
Danica Pension Livsforsikringsaktieselskab recently purchased 51,159 shares of ServiceNow, Inc. (NYSE:NOW) valued at approximately $5.08 million during the second quarter. This investment highlights continued institutional interest, with 87.18% of ServiceNow stock owned by institutional investors and hedge funds. ServiceNow has shown strong performance, exceeding quarterly expectations with $0.90 EPS and $3.99 billion in revenue, driven by its expansion in AI and cybersecurity, though it faces risks related to valuation, integration, and sector rotation.
Gables Capital Management Inc. Makes New Investment in Take-Two Interactive Software, Inc. $TTWO
Gables Capital Management Inc. has initiated a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by purchasing 12,467 shares valued at approximately $3.12 million during the second quarter. This investment makes Take-Two Interactive Software its 25th largest holding, comprising about 1.1% of its portfolio. Other institutional investors like Vanguard Group Inc., BlackRock Inc., and State Street Corp also significantly adjusted their holdings in the company.
Diversify Advisory Services LLC Invests $27.99 Million in ServiceNow, Inc. $NOW
Diversify Advisory Services LLC has acquired a new stake of 265,190 shares in ServiceNow, Inc. (NYSE:NOW) worth approximately $27.99 million during the second quarter. This investment is part of broader institutional interest in ServiceNow, with several other hedge funds also adjusting their positions. The article also discusses recent analyst ratings, financial performance, and key news impacting ServiceNow's stock, including its AI initiatives and an insider stock sale.
9,155 Shares in ServiceNow, Inc. $NOW Purchased by Gables Capital Management Inc.
Gables Capital Management Inc. has acquired a new stake of 9,155 shares in ServiceNow, Inc. (NYSE:NOW) during the second quarter, valued at approximately $909,000. This purchase is part of broader institutional investment activity, with other hedge funds also adjusting their holdings in the information technology services provider. The article also covers ServiceNow's recent stock performance, earnings report, insider trading, and analyst ratings, alongside key headlines impacting the company.
ServiceNow Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Despite daily gains of 1.52%, ServiceNow Inc. (NOW) stock underperformed on Tuesday as the broader market saw a decline, with the S&P 500 Index and Dow Jones Industrial Average both falling. ServiceNow's stock closed at $119.49, breaking a two-day losing streak, but still lagged behind its competitors relative to the overall market performance.
ServiceNow (NYSE: NOW) CEO uses 8,145 shares to pay taxes
ServiceNow's Chairman and CEO, William R. McDermott, had 15,152 restricted stock units (RSUs) vest on August 14, 2026. To cover tax withholding obligations associated with this vesting, a total of 8,145 shares were relinquished at a price of $124 per share. This transaction was reported in a Form 4 filing and reflects a common practice for executives receiving equity compensation.
ServiceNow (NYSE: NOW) logs RSU vesting and ESPP share buy
ServiceNow's Pres. & Chief Legal Officer, Hossein Nowbar, reported insider equity activity on August 14, 2026, including the vesting of 5,066 restricted stock units. In connection with these vestings, 1,995 shares were withheld at $124 per share to cover tax obligations. Additionally, 211.8644 shares were acquired earlier under ServiceNow’s Employee Stock Purchase Plan on July 31, 2026.
ServiceNow (NOW) exec has 2,582 shares withheld for tax
ServiceNow's Chief People & AI Enablement Officer, Jacqueline P. Canney, had two tranches of Restricted Stock Units (RSUs) vest on August 14, 2026, totaling 5,056 shares of common stock. To cover federal and state tax withholding obligations, 2,582 shares were withheld at a price of $124.00 per share. The RSU awards vest in quarterly installments, contingent on Canney's continued service to the company.
ServiceNow (NYSE: NOW) exec relinquishes 3,057 shares for taxes
ServiceNow officer Paul Fipps acquired 7,652 shares of common stock through the vesting of restricted stock units (RSUs) on August 14, 2026. To cover tax withholding obligations, Fipps relinquished 3,057 shares back to the company at $124.00 per share. This transaction was related to compensation and tax withholding, not open-market trading.
Globant Appoints Sarab Narang as CEO of Glob.AI, its new AI-native tech services model
Globant has appointed Sarab Narang as CEO of Glob.AI, its new AI-native technology services model focused on changing how enterprises access and deploy AI services. Narang brings over 23 years of experience in enterprise AI products and go-to-market strategies from companies like ServiceNow, AWS, and KPMG. Glob.AI aims to reinvent technology services with AI Pods, tying pricing to output, and has already seen significant growth with a $436 million pipeline and adoption by 45% of Globant's top accounts.
Globant Appoints Sarab Narang as CEO of Glob.AI, its new AI-native tech services model – Company Announcement
Globant has appointed Sarab Narang as CEO of Glob.AI, its new AI-native technology services model aimed at reinventing how enterprises access, purchase, and deploy AI services. Narang brings over 23 years of experience in enterprise AI and go-to-market strategies from companies like ServiceNow, AWS, and KPMG. Glob.AI, which grew its Annual Recurring Revenue by 60% last quarter, focuses on providing enterprise-grade AI Pods with pricing tied to output or consumption, not hours.
Globant appoints Sarab Narang as CEO of Glob.AI unit
Globant (NYSE:GLOB) has appointed Sarab Narang as CEO of its AI-native technology services division, Glob.AI. Narang brings over 23 years of experience in enterprise AI, previously holding leadership roles at ServiceNow and Amazon Web Services, where he was instrumental in launching and scaling AI capabilities. Glob.AI, which offers a service model with AI Pods, has seen significant growth, with its annual recurring revenue increasing by approximately 60% in a single quarter.
Five pressures that break AI programs after the pilot
This article highlights why many AI pilot programs fail to scale to production, attributing the issues not to model capability but to inadequate data foundations. It identifies five key pressures: data readiness speed, inference cost, scaling controls, data trust from lineage/freshness, and governance. The author argues that successful AI rollouts prioritize data integration, governance at the pipeline level, and engineered data flows rather than just building larger models.
Has ServiceNow’s Autonomous Workforce Changed the CX Staffing Equation?
ServiceNow's Autonomous Workforce is shifting the paradigm in customer experience (CX) by introducing AI specialists capable of performing specific roles and tasks, rather than just assisting employees. This development complicates traditional workforce management by concentrating more complex, emotionally charged, and regulated work on human agents, necessitating new strategies for forecasting, quality assurance, and employee well-being. CX leaders must adopt a hybrid workforce discipline, integrating AI capacity with human judgment, and establish robust governance to avoid unintended consequences like the "AI escalation tax" or trapping customers in automated loops.
Tribal Partners with ServiceNow to Empower Enterprise Teams to Build and Deploy Apps & Agents
Tribal has partnered with ServiceNow to launch "Tribal for ServiceNow," integrating Tribal's AI agents with the ServiceNow AI Platform. This collaboration allows enterprise teams to build and deploy applications and agents with full enterprise context, leveraging Tribal's Metadata Fabric to maintain system integrity and accelerate development. The partnership aims to empower more people across organizations to build safely with AI, addressing CIO demand for enhanced system integration and governance.
Tribal Partners with ServiceNow to Empower Enterprise Teams to Build and Deploy Apps & Agents
Tribal has partnered with ServiceNow to launch Tribal for ServiceNow, enabling enterprise teams to build and personalize AI applications within the ServiceNow AI Platform. This collaboration allows users to leverage Tribal's AI agents and Metadata Fabric to develop production-ready applications with full enterprise context and without breaking existing workflows. The initiative aims to democratize AI development, empowering more people beyond traditional developers to build safely with AI while maintaining governance and architectural integrity.
Rapid7, ServiceNow, and monday.com Shares Are Falling, What You Need To Know
Shares of Rapid7, ServiceNow, and monday.com experienced declines after Bloomberg reported Anthropic's preliminary second-quarter revenue exceeded $11.5 billion, fueling concerns that AI tools could diminish demand for traditional software. This market reaction suggests a shift in investor perception, treating AI tools as a significant revenue generator rather than just a demo. monday.com, in particular, saw a 4.9% drop and has fallen 42% year-to-date, trading significantly below its 52-week high.
Tenable Stock at $35: Buy Ratings Are Falling as the Price Climbs.
Tenable (TENB) stock has surged 109% to $35.29 since March 31, 2026, recovering from fears surrounding Anthropic's Mythos model. Despite this rally, analyst "buy" ratings have decreased from 8 to 6, while "holds" increased to 13, and the stock received its first "underperform" and "sell" ratings. The mean price target is now $35.15, implying no further upside, and TIKR's model values the stock at $38, suggesting a modest 7.3% total return over several years.
Perigon Wealth Management LLC Acquires Shares of 54,637 ServiceNow, Inc. $NOW
Perigon Wealth Management LLC has acquired 54,637 shares of ServiceNow, Inc. (NYSE:NOW) during the second quarter, valued at approximately $5.42 million. Institutional investors collectively hold 87.18% of ServiceNow's stock, with major firms like Vanguard and State Street significantly increasing their positions. Despite concerns about its high P/E ratio and general software-sector weakness, ServiceNow reported strong revenue growth and beat earnings expectations, maintaining a "Moderate Buy" consensus among analysts.
38,809 Shares in ServiceNow, Inc. $NOW Bought by UNIVEST FINANCIAL Corp
UNIVEST FINANCIAL Corp recently acquired 38,809 shares of ServiceNow, Inc. ($NOW) worth approximately $3.85 million during the second quarter. Other institutional investors have also adjusted their holdings in ServiceNow, which has seen its stock trade down by 5.1% and reported strong quarterly earnings, beating analyst estimates. Despite some positive sentiment around its cybersecurity expansion and AI initiatives, concerns about valuation and broader software sector weakness persist among analysts and investors.
Pursue Wealth Partners LLC Buys New Shares in ServiceNow, Inc. $NOW
Pursue Wealth Partners LLC has acquired 28,803 new shares in ServiceNow, Inc. (NYSE:NOW), valued at approximately $2.86 million, making it their 22nd largest holding. Other institutional investors like Brighton Jones LLC, Sivia Capital Partners LLC, United Bank, Riggs Asset Management Co. Inc., and Nebula Research & Development LLC also adjusted their positions in the company. ServiceNow's stock recently traded at $117.70, with a market cap of $121.70 billion, and has received a "Moderate Buy" average rating from analysts.
Arm Holdings plc Price Today | xARM Live Price, Chart & Market Cap
This page on OKX provides current pricing information for Arm Holdings plc (xARM), noting its present price at $250.29 USD, a 24-hour trading volume of $126.97K, and an all-time high of $290.22 reached on August 13, 2026. The content also offers guides on how to buy xARM, predict its future prices, and track its historical performance, alongside a disclaimer regarding the informational nature of the content and the risks associated with digital asset trading.
ServiceNow Stock Outlook: Is Wall Street Bullish or Bearish?
ServiceNow (NOW) shares have significantly underperformed the broader market and the tech-software sector over the past year and year-to-date. Despite this, the company reported strong Q2 FY2026 earnings with subscription revenue exceeding guidance and raised its full-year revenue outlook. Wall Street analysts maintain a "Strong Buy" consensus rating for NOW, with significant upside potential from current share prices.
Principle Wealth Partners LLC Invests $1.80 Million in ServiceNow, Inc. $NOW
Principle Wealth Partners LLC has acquired a new position in ServiceNow, Inc. (NYSE:NOW), purchasing 18,182 shares valued at approximately $1.80 million during the second quarter. This investment comes amidst mixed institutional sentiment and analyst ratings, with the stock holding an average "Moderate Buy" rating and a target price of $143.76. Despite positive news regarding ServiceNow's cybersecurity expansion and AI momentum, concerns about valuation and sector-wide software weakness persist.
In-Depth Analysis: Microsoft Versus Competitors In Software Industry
This article provides an in-depth analysis of Microsoft (NASDAQ: MSFT) compared to its competitors in the Software industry, examining key financial metrics, market positioning, and growth prospects. It highlights Microsoft's potential undervaluation based on PE and PB ratios, strong profitability indicators like EBITDA and gross profit, and robust revenue growth, despite a lower Return on Equity compared to peers. The analysis also notes Microsoft's stronger financial position due to a lower debt-to-equity ratio.
Citizens Financial Group Inc. RI Acquires New Position in ServiceNow, Inc. $NOW
Citizens Financial Group Inc. RI has acquired a new position in ServiceNow, Inc. (NYSE:NOW), purchasing 93,420 shares valued at approximately $9.275 million during the second quarter. Other hedge funds have also adjusted their holdings in ServiceNow, with institutional investors and hedge funds collectively owning 87.18% of the stock. The article also details ServiceNow's recent earnings, key headlines impacting the stock, and updated analyst ratings.
120,740 Shares in ServiceNow, Inc. $NOW Purchased by Cornerstone Advisors LLC
Cornerstone Advisors LLC has acquired a new stake of 120,740 shares in ServiceNow, Inc. (NYSE:NOW) during the second quarter, valued at approximately $11,987,000. This comes as many other institutional investors have also adjusted their positions in the company, with notable increases from Vanguard Group Inc., BlackRock Inc., State Street Corp, Price T Rowe Associates Inc. MD, and Geode Capital Management LLC. Analyst ratings for ServiceNow are predominantly "Buy" or "Outperform," with a consensus price target of $143.76, reflecting positive sentiment despite some mixed institutional positioning and concerns about valuation.
