
ServiceNow’s Bold AI Bet: Will a $2.85 Billion Acquisition Propel Innovation or Spark Investor Concern?
ServiceNow’s stock dropped nearly 8%, significantly more than the S&P 500’s 2.7% decline, amid strategic changes. The company announced a $2.85 billion acquisition of Moveworks, aimed at enhancing AI capabilities within its services. Moveworks specializes in advanced AI solutions and has an