Here’s How ServiceNow (NOW) Positioned for Success in the AI Era
Key takeaways
- The first quarter proved challenging for investors.
- In its first-quarter 2026 investor letter, Emerald Wealth Partners Growth Equity Strategy highlighted ServiceNow, Inc.
- Emerald Wealth Partners Growth Equity Strategy stated the following regarding ServiceNow, Inc.
Here’s How Service Now (NOW) Positioned for Success in the AI Era Soumya Eswaran Wed, July 1, 2026 at 8:57 PM GMT+7 3 min read NOW Emerald Wealth Partners, an independent asset and wealth management firm based in Zurich, released its Q1 2026 investor letter for the "Growth Equity Strategy." A copy of the letter can be downloaded here. The first quarter proved challenging for investors. AI fears negatively impacted software and intermediary stocks. Later, geopolitical conflicts shifted focus toward energy and defense sectors. The strategy yielded a return of -9.2% gross and -9.4% net for the quarter. Semiconductor equipment holdings performed best, whereas software stocks were a significant drag. The letter also provided strategic insights into the impact of Artificial Intelligence on the software sector. Please review the Strategy's top five holdings to gain insights into their key selections for 2026.
In its first-quarter 2026 investor letter, Emerald Wealth Partners Growth Equity Strategy highlighted ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides a platform for automating and managing digital workflows. On June 30, 2026, ServiceNow, Inc. (NYSE:NOW) closed at $99.28 per share. One-month return of ServiceNow, Inc. (NYSE:NOW) was -12.69%, and its shares lost 49.03% over the past 52 weeks. ServiceNow, Inc. (NYSE:NOW) has a market capitalization of $102.38 billion.
Emerald Wealth Partners Growth Equity Strategy stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q1 2026 investor letter: