ServiceNow stock climbs as AI growth plans, Trump stake boost sentiment
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ServiceNow's stock rises as the company projects subscription revenue exceeding $30 billion by 2030, driven by its AI product Now Assist, expected to generate over $1.5 billion this year. Retail sentiment is bullish following Donald Trump's $1–$5 million investment, with traders anticipating a price move above $100. However, mixed technical signals indicate potential declines, as shares are above short-term averages but below long-term ones, marked by a recent 'death cross'.
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