The Zhitong Finance App learned that at a time when semiconductors were hit hard, the strong performance of ServiceNow Inc. (NOW.US), a software company focused on optimizing digital workflows, bucked the trend, highlighting that the stock market is re-evaluating strong profit opportunities for AI applications. From October 19 to 23, the company's stock price rose for five consecutive days, and the cumulative increase in the stock price was as high as 11.97%. During the same period, the Philadelphia Semiconductor Index fell 3.21%; on October 22, the price half fell by 6.72%, the Nasdaq Composite Index fell 2.60%, but ServiceNow rose 2.53%.
Zhitongcaijing · 4d ago
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The Zhitong Finance App learned that at a time when semiconductors were hit hard, the strong performance of ServiceNow Inc. (NOW.US), a software company focused on optimizing digital workflows, bucked the trend, highlighting that the stock market is re-evaluating strong profit opportunities for AI applications. From October 19 to 23, the company's stock price rose for five consecutive days, and the cumulative increase in the stock price was as high as 11.97%. During the same period, the Philadelphia Semiconductor Index fell 3.21%; on October 22, the price half fell by 6.72%, the Nasdaq Composite Index fell 2.60%, but ServiceNow rose 2.53%.
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