Breakfast News: China's Tough Stance
AI helps drive ServiceNow gains, Chipotle underwhelms, and more...
Source: Image Created by Jester AI.
Chinese government officials have demanded that the U.S. revokes all unilateral tariffs and want to see steps taken before agreeing to any trade talks, in a continuation of a tough negotiation stance.
ServiceNow (NYSE: NOW) jumped over 10% after the market closed thanks to beating its own outlook for both revenue and earnings. The recent heavy investment in AI is paying off, with agentic AI capabilities a factor in both retaining existing clients and winning new ones.