The stock market further increased on Monday as investors hopes that trade negotiations with major partners would progress.
Overall, S&P 500 and NASDAQ grew 0.5% to 6,205 and 20,370, respectively.
Tweet of the Day
In last qtr’s earrnings call, Cloudflare $NET management said 10 years ago for every 2 pages Google crawled, they sent you 1 visitor.
Six months ago this was up to 6:1.
Now, 75% of queries to Google are answered on Google Answers without sending the user to the source. That…
— David Sharek (@GrowthStockGuy) June 26, 2025
Chart of the Day
Here is the one-year chart of ServiceNow (NOW) as of May 27, 2025, when the stock was at $1,027.
ServiceNow is setting up for sustainable growth as the market’s leading enterprise AI platform. The company’s Pro Plus offering adds AI into its existing software programs used to run large organizations.
Last quarter, the company saw a surge in AI adoption, with Pro Plus more than quadrupling year-over-year and AI featured in 15 of its top 20 deals. Average deal size grew by one-third sequentially, reflecting deeper customer investment in AI capabilities.
One of the reasons for ServiceNow’s success is its RaptorDB, an AI-powered database that quickly stores and understands system data, like logs, to help and fix issues fast. With RaptorDB, the company closed five $1 million-plus deals and showed strong momentum sequentially.
Management also announced acquisitions of Moveworks and Logik.ai to enhance its AI-driven automation and CRM tools, expanding both functionality and addressable market. It concluded that the company is becoming the go-to AI platform for businesses, supported by strong demand and growing interest in AI.
NOW is a core holding in our Growth Portfolio.
