ServiceNow stock has shown resilience amidst the recent volatility in the AI market. While other AI stocks have faltered, ServiceNow's Relative Strength (RS) Rating has jumped from 79 to 84, indicating that it has outperformed 84% of all stocks over the past year [37aa1e9a]. The company, which develops cloud-based IT software for workflow automation and business administration, has solidified its leadership position in the emerging AI market. In the first quarter earnings report, ServiceNow showcased its strong performance, with earnings growing by 44% [37aa1e9a]. The stock has been trading in a narrow range since early February and is rapidly approaching its all-time high once again. The company's next round of earnings is expected around July 24 [37aa1e9a]. ServiceNow currently holds a No. 3 rank among its peers in the Computer Software-Enterprise industry group [37aa1e9a].
