ServiceNow (NYSE:NOW) Stock Falls 4.6% - Here's Why

ServiceNow (NYSE:NOW) Stock Falls 4.6% - Here's Why

ServiceNow (NYSE:NOW) Shares Down 4.6% - What's Next?

Enterprise Software Stocks Fall as AI Financing Worries Spread: Palantir and ServiceNow Drop 5%, Salesforce Slides 4%

Palantir, ServiceNow, and Salesforce are sliding hard as investors turn skeptical about who actually pays for the AI buildout powering their growth, and the answer could reshape how the entire software sector gets valued.

Palantir Stock Slides as $260 Billion Software Selloff Raises Fresh Concerns Over AI Valuations - Channelchek

A sharp selloff across the technology sector is putting renewed pressure on artificial intelligence stocks, with Palantir Technologies (NASDAQ: PLTR) among the hardest hit. Shares of the AI software company fell approximately 7% during Friday’s trading session, October 16, erasing roughly $34 billion in market value as a broader software downturn wiped out more than $260 billion across the industry.