ServiceNow (NOW) Stock Plunges Nearly 8% Amid Geopolitical Chaos and AI Disruption Concerns
ServiceNow stock declined 7.86% on Friday, driven by Middle East geopolitical tensions and competitive pressure from Anthropic's new AI agents platform. The decline extends ServiceNow's year-to-date losses to 38.3%, signaling investor concerns about both macroeconomic uncertainty and AI-driven market disruption in enterprise software.
