The stock market closed mixed on Tuesday as the Federal Reserve starts its two-day policy meeting. Investors are now watching for signals on interest rates.
Overall, S&P 500 fell 0.1% to 6,841, while NASDAQ rose 0.1% to 23,576.
Chart of the Day
Here is the one-year chart of ServiceNow (NOW) as of November 24, 2025, when the stock was at $816.
In last quarter’s earnings release, ServiceNow’s CEO said ServiceNow is the AI platform for business transformation. ServiceNow is already the backbone of many large enterprise companies and government agencies.
Last quarter, ServiceNow did 103 deals of at least $1 million in Annual Contract Value (ACV). Now, it is a key partner in implementing AI into the organization. Sparking sales is the company’s AI product AI Control Tower, a tool that lets companies manage all their AI systems in one place. AI Agent assist consumption has increased over 55x since May, which means customers are moving from testing AI to using it for real work.
NOW is a core holding in our Growth Portfolio. ServiceNow is utilizing AI to capture business.
