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ServiceNow Projects Sales That Fall Short of Expectations

(Bloomberg) -- ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ estimates, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTech Giants Hit in Late Hours After Meta

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ServiceNow Stock Drops 4% Despite 24% Revenue Growth

ServiceNow's first quarter results again exceeded its revenue and profitability metrics. Analysts saw guidance as weak — but they excluded foreign exchange headwinds.

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The stock market has skyrocketed to start 2024. Will it continue?

The stock market has skyrocketed to start 2024. Will it continue?
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The stock market has skyrocketed to start 2024. Will it continue?

The stock market has skyrocketed to start 2024. Will it continue?
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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The stock market has skyrocketed to start 2024. Will it continue?

The stock market has surged out of the gate in 2024. The tech-heavy Nasdaq has followed close behind with 9% growth over that period, while the Dow Jones Industrial Average has jumped more than 5%. Markets have benefited from a flurry of good news: stronger-than-expected economic growth, breakthroughs in artificial intelligence, cooling inflation and anticipated interest rate cuts at the Federal Reserve, experts told ABC News.

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Oracle Stock Jumps On Cloud-Infrastructure Growth And NVIDIA Tie-In

Oracle Stock Jumps On Cloud-Infrastructure Growth And NVIDIA Tie-In
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Oracle Posts Biggest Gain Since 2021 on Cloud Revenue Growth

CEO Safra Catz said the company is "rapidly" building more data centers to meet demand for cloud computing.

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