Why ServiceNow (NOW) Shares Are Sliding Today

Market Intelligence Analysis

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Why This Matters

ServiceNow shares fell 7.4% due to investor fears of disruption from artificial intelligence, leading to a broad-based sell-off across the Magnificent Seven stocks.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) fell 7.4% in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off. The market witnessed a "basket-style reaction," a term for when investors reduce exposure to an entire segment without differentiating between individual company business models. The negative sentiment was widespread, pulling down all of the Magnificent Seven stocks and sending the S&

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Original article published by Yahoo Finance on February 3, 2026.
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