Enterprise software stocks led a tech market rebound, with ServiceNow rising 4% alongside Intuit and Adobe. ServiceNow stands out due to its AI products generating over $1 billion in annual contract value and a 98% renewal rate, indicating strong customer retention amid AI adoption debates. The sector's broad gains suggest renewed investor confidence in application software, but future momentum depends on continued outperformance of software ETFs and consistent earnings updates from key players like ServiceNow.
ServiceNow shares are up 4.17% at USD 139.60 on Pluang, showing strong investor interest despite being below its 52-week high of USD 189.26. Intuit is also gaining, rising 5.19% to USD 290.02, with all Pluang orders currently on the buy side. These figures reflect active trading as of Oct 01, 2026 20:41 WIB.
Oracle's stock rose 5% following the launch of Fusion Claw, a new product that powers 25 agentic AI applications designed to automate complex enterprise workflows. This launch sets Oracle apart from rivals Salesforce and ServiceNow, whose stocks decl...
Salesforce and ServiceNow both reported strong AI-driven bookings, with ServiceNow growing revenue 24% and trading at 27x forward earnings, while Salesforce grew 10.8% at about 14x forward earnings. ServiceNow leads in AI product innovation and rapid...
Meta announced the launch of its enterprise platform and the hiring of MongoDB's CEO as chief enterprise platform officer, causing a sharp market reaction. Salesforce, ServiceNow, and Snowflake shares each fell about 4%, while MongoDB dropped over 20...
Meta Platforms announced a new enterprise software platform and hired MongoDB's CEO, CJ Desai, as its chief enterprise platform officer. This news caused Meta and ServiceNow shares to fall 4%, while MongoDB's stock plunged 19% due to the CEO departur...
