ServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation

ServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation

AI tools are already spurring fierce job competition amongst Bambi-legged Gen Zers hoping to land their first entry-level job out of college. And the state of affairs could get even worse, one tech boss is warning. “I think young people coming out of university today [are experiencing] 9% unemployment,” Bill McDermott, the CEO of AI-driven…

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Why ServiceNow (NOW) Stock Is Nosediving

Why ServiceNow (NOW) Stock Is Nosediving

Shares of enterprise workflow automation firm ServiceNow (NYSE:NOW) fell 6.7% within the morning session after reviews of a ceasefire breach within the Middle East spiked market volatility as fears grew {that a} fragile U.S.-Iran truce would unravel. This rigidity was compounded by Anthropic’s launch of Managed Agents, autonomous AI programs that execute complicated duties. Traders…

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What Investors Need to Know

What Investors Need to Know

ServiceNow (NOW) closed the latest buying and selling day at $87.79, shifting -1.43% from the earlier buying and selling session. The inventory’s change was lower than the S&P 500’s day by day achieve of 1.18%. Meanwhile, the Dow gained 0.66%, and the Nasdaq, a tech-heavy index, added 1.96%. The maker of software program that automates…

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