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US Stock Market Movement | AI Application Software Stocks Weaken at Market Open, ServiceNow (NOW.US) Drops Over 23% After Earnings

US Stock Market Movement | AI Application Software Stocks Weaken at Market Open, ServiceNow (NOW.US) Drops Over 23% After Earnings

智通财经智通财经2026/10/29 14:26
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According to Zhihui Finance APP, U.S. AI application software stocks weakened at the start of trading on Thursday, with ServiceNow (NOW.US) falling more than 23% after its earnings report, Atlassian (TEAM.US) down over 6%, and Salesforce (CRM.US) dropping nearly 5%. In terms of news, ServiceNow released its financial results for the third quarter of 2026. Data showed that the company's revenue for the quarter reached $4.106 billion, an increase of 20.5% year-on-year, or 20% on a constant currency basis; GAAP net income was $277 million, down about 45% from $502 million in the same period last year; GAAP diluted earnings per share were $0.27, lower than $0.48 in the same period last year.
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