ServiceNow CEO Bill McDermott joins 'Squawk on the Street' to discuss the slump in software stocks, the impacts of artificial intelligence, and more.

ServiceNow (NYSE:NOW) has found itself caught in the crosshairs of Wall Street’s deepest fears: that generative AI will render entire software-as-a-service empires obsolete overnight. Shares have ...

One of Wall Street's most powerful CEOs just put a number on it.

ServiceNow CEO Bill McDermott warns that rapid AI adoption could lead to mid-30s unemployment for new college graduates. He ...

ServiceNow CEO Bill McDermott said AI could push the unemployment rate among recent college grads into the mid-30% range ...

To defend and expand its market position, ServiceNow's management is rapidly building out its AI ecosystem. A newly announced partnership with Visa focuses on automating payment disputes. Concurrently ...

ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company as a standard SaaS (software-as-a-service) business. So far, McDermott has ...

The software sector is having a moment, and not the good kind. iShares Expanded Tech-Software Sector ETF (NYSEARCA:IGV) has shed nearly 23% year-to-date, with a 16% drop in just the past month. The ...

Even upbeat guidance from ServiceNow wasn’t enough to shake negative software sentiment. Software stocks have taken a beating in recent months, reflecting questions about whether artificial ...