A panel discussed ServiceNow after its results, where free cash flow rose but remaining performance obligations (RPO) came in modestly below expectations, and the company itself forecasts RPO growth to slow in the fourth quarter. CFO Gina Mastrantonio said AI net new business grew 65% year over year, beating expectations, which allowed the company to raise its full-year AI target to 1.7 billion while delivering AI value without a large capex investment. Julia said the market is not yet convinced, citing concerns about AI reducing seat counts, while Mastrantonio said ServiceNow's blended pricing covers both seats and usage. The stock was down 25% that day, which the speakers noted was the fourth straight quarter shares fell after a report.
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ServiceNowsoftwareartificial intelligenceearnings
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Related tickers and likely impact
MSFT
▼ Likely negativeMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/28/2026 | 530.83 |
| Change that session | -0.09% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 725.59 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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