ServiceNow shares jump 4.5% as AI contract value tops $1 billion
AI Summary- ServiceNow shares gained 4.5% Friday, closing at $144.71 on 29 million shares.
- Subscription revenue rose 24.5% year over year to $3.88 billion in the second quarter.
- AI product annual contract value exceeded $1 billion, with executives targeting $1.5 billion by December.