NOW’s prospects are also benefiting from the bullish U.S. equity market trends, backed by the decline in energy prices, moderating inflationary pressures and a stable Fed policy. An Outperformer: A glimpse at NOW’s price trend reveals that the stock has gained 39.8% year to date compared with the Zacks Computer - IT Services industry’s rise of 9.7%. Partnerships with Microsoft and NVIDIA has benefited ServiceNow’s enterprise grade generative AI capabilities, which transform business processes with faster, more intelligent workflow automation.