Several companies are due to report earnings next week, including some potential standouts. Earnings season is ramping up, with 22% of S & P 500 members expected to post their quarterly results next week. So far, most of the constituents that have reported third-quarter earnings have exceeded earnings and revenue expectations, according to FactSet.
"We continue to focus on the highest quality franchises, and are tending toward those businesses with strong platform positioning, balanced growth profiles, and management teams with proven track records — of which NOW meets all three criteria," Turrin said in an Oct. 6 note to clients. He added that ServiceNow's Xanadu product release is a "major step forward" in building the company's artificial intelligence vision. ServiceNow announced on Monday it would invest $1.
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