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NOW
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118 days

ServiceNow dodges the dreaded DOGE hit

1. ServiceNow reported six new US government customers in Q1. 2. Company's US public sector business grew over 30% year-over-year. 3. ServiceNow beat earnings expectations and raised subscription revenue guidance. 4. Bill McDermott emphasizes savings from consolidating legacy systems and reducing costs. 5. Stock jumped 11% in after-hours trading post earnings report.

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FAQ

Why Bullish?

ServiceNow's strong Q1 performance counters DOGE spending concerns, leading to stock recovery.

How important is it?

Strong earnings and government contract wins suggest positive momentum for NOW.

Why Short Term?

Earnings report-induced stock price boost reflects immediate market confidence.

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