ServiceNow Stock Surges 41% in May Amid Reassurance on AI Strategy

ServiceNow (NOW) stock rose by 41% in May after the market regained confidence following concerns about SaaS stocks being replaced by agentic AI. The company emphasized its readiness for AI with Control Tower, a service to manage AI agents and data integration.

By Jennifer Saibil · Motley Fool · June 3, 2026, 12:43 UTC

ServiceNow Stock Surges 41% in May Amid Reassurance on AI Strategy

Tickers: $NOW

Topics: AI adoption SaaS ServiceNow stock performance

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