ServiceNow Inc (NOW) — Technical state

Long reads

• The Agentic Winners 25Dossier · $49 · 31 Mar 2026ServiceNow owns IT service management and is extending into enterprise-wide workflow orchestration; its agent platform is evolving from copilot to autonomous executor.
• Agentic Application Software: The SaaSpocalypse MapDossier · $39 · 27 Feb 2026Destination platforms own data or relationships that users — and now agents — return to regardless of the interface: Salesforce's CRM data (customer relationships, pipeline history, interaction logs), Palantir's ontology (connected…
• AI Economy — Three Futures for 2030, and the One the Model Leaves OutReport · 14 Sept 2026

Dailies

• AI Capex — chip index −3.4% after OpenAI's revenue comes in at $50 billion, not $70 billion; software risesMorning 10 · 9 Oct 2026The software that uses AI went the other way: Atlassian +4.0%, Adobe +3.6%, Snowflake +3.2%, Intuit +2.2%, ServiceNow and Salesforce +1.4%, the cloud-software fund WCLD +1.5%.
• AI comeback — Accenture +18%, Synopsys +8%, optics +9% while all three US indices slipMidday 10 · 1 Oct 2026Today Salesforce is up 0.66% and ServiceNow 1.30%.
• Markets — Nasdaq +1.5% before the open even as TLT breaks 78; Tokyo +3.3% on Micron's record quarterMorning 10 · 1 Oct 2026Software — ServiceNow +3.1%, Salesforce +1.9%, IGV +1.2%; chips mixed as Arm and ASML slip
• Bonds — TLT closes at a one-year low but holds 78; oil slides on a reserve release, Micron reports tonightMorning 10 · 30 Sept 2026Chips — ASML +3.6%, Arm +3.7%, Oracle +3.9%; software keeps sliding, ServiceNow -7.7% on the week
• Bonds — the long end breaks: 30-year at 5.56%, gold -3.9%; MongoDB sinks 18% as Meta moves inMorning 10 · 29 Sept 2026MongoDB closed 18.46% lower; Atlassian (-4.90%), ServiceNow (-3.07%) and Salesforce (-2.88%) followed.
• Nvidia — up 2.7% in a red market; MongoDB sinks 18% as Meta hires its CEO, gold slides 3.8%Midday 10 · 28 Sept 2026Meta starts a business unit that sells its AI stack to companies and hires MongoDB's chief to build it: MongoDB drops 18%, Atlassian 4.8%, ServiceNow 3.3%.
• Rates — the 10-year closes at 5.11% and the 5-year hits 5%; Tokyo reopens higher, chip-equipment makers leadMorning 10 · 24 Sept 2026Chips sold as duration, software held: SOXX -1.23%, memory basket -2.70%, SanDisk $1,816.57 (-3.73%), Micron -2.22%, Broadcom -2.62%; against IGV +1.26%, ServiceNow +2.76%, Salesforce +1.84%, and the cyber fund CIBR a record close at…
• Yields — the 10-year is back above 5% on a hot PMI and a hawkish Fed; chips fall, software is boughtMidday 10 · 23 Sept 2026Software bought: IGV 108.14 (+1.30%), Salesforce $238.21 (+2.11%), ServiceNow (+1.60%), Adobe $240.57 (+0.97%), Microsoft $498.69 (+0.14%, high $507.79); the cyber fund CIBR 103.90 (+1.29%) above Tuesday's 103.66 intraday high - a new…