SERVICENOW INC (NOW)

The stock is up 17.66% year-to-date as of Saturday morning, August 1. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.55% in the same period. On a superficial level, the earnings look great, but during the artificial intelligence (AI) boom, reading the fine print is more important than ever, a…

Shares of ServiceNow (NYSE: NOW) have jumped by as much as 13.8% this week, according to data from S&P Global Market Intelligence. The software provider reported earnings last week and raised its full-year guidance, prompting investors to buy the stock.

Downside Support ($412.50 Put): It is highly improbable for the stock to gap down to the pre-earnings price. Selling the $412.50 put provides a generous buffer, establishing a net break-even of $405.20 ($412.50 - $7.30 credit). Now selling that put will tie up some cash, but no more so than ...

AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.

Earnings Momentum: ServiceNow delivered a solid quarterly performance with revenue rising 24 percent year over year and earnings exceeding expectations across key metrics. Guidance was also lifted, prompting market participants to reassess the impact of its expanding AI offerings.