Etailing

ServiceNow’s stock dips despite strong subscription sales, revenue jump as AI products gain hold

by
ServiceNow’s stock dips despite strong subscription sales, revenue jump as AI products gain hold

Last Updated: Jan. 24, 2024 at 8:16 p.m. ET First Published: Jan. 24, 2024 at 4:21 p.m. ET ServiceNow Inc.’s stock retreated 1% in after-hours trading Wednesday, after the company reported a quarterly bounce in revenue on strong subscription sales. “The gen-AI solutions we put into the marketplace in one quarter outsold any other product …

Read more

Why Amazon’s stock could be 2024’s biggest winner among major internet names

by
Why Amazon’s stock could be 2024’s biggest winner among major internet names

Amazon.com Inc. shares offer the most upside among large-capitalization internet companies going into next year, an analyst wrote Thursday. Piper Sandler’s Thomas Champion just dubbed Amazon’s stock AMZN, -0.95% his top large-cap pick for 2024, citing the e-commerce giant’s potential to improve retail margins and generate strong momentum in the cloud. “Retail margins have improved …

Read more