ServiceNow shares plunge 25% after earnings revive AI disruption fears

Disappointing third-quarter figures reignite concerns over software sector disruption

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·29 Oct 2026, 15:54

ServiceNow suffered a sharp 25 per cent drop in its share price following disappointing third-quarter financial figures, marking its steepest single-day decline on record. The weaker-than-anticipated performance has reignited broader investor anxieties regarding the disruptive influence of artificial intelligence on traditional enterprise software providers. The sell-off reflects persistent market sensitivity to how emerging generative tools could affect existing subscription business models.

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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 29 Oct 2026, 15:54. Read the full article at the original publisher.

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