We recently published a list of 5 Companies Set To Address DeepSeek AI Concerns In Earnings Calls Today. In this article, we are going to take a look at where ServiceNow, Inc. (NYSE:NOW) stands against other companies set to address DeepSeek AI concerns in earnings calls today.
The revelation about DeepSeek AI’s capabilities and costs rattled the US market a couple of days ago. Major semiconductor, power, and other AI-related stocks lost a big chunk of their value during trading, estimated at over a trillion dollars. Nvidia alone lost $600 billion in market cap, the most ever single-day drop in history.
Since that crash, a closer look at DeepSeek AI’s claims has calmed investor nerves. There are questions about the firm’s claims on training costs and even if true, analysts are slowly realizing they may not be as bad for many companies as originally thought. Because the US is involved in an AI race with China, it is unlikely the country is going to stop investing in its AI infrastructure just because it supposedly got beaten at it. In fact, that is all the more reason to start spending more.
Later today, a number of tech companies announced their earnings report. The probability of them being asked questions on DeepSeek AI is quite high. Investors want to listen to what these companies think and for that reason, these earning calls may be more relevant than ever in the market’s history.
To come up with the list of 5 companies that may address DeepSeek AI concerns in their earnings calls today, we only considered Mega Cap stocks that are expected to announce their earnings later today.
A team of software engineers at desks working on code for a cutting-edge cloud computing solution.
ServiceNow, Inc. (NYSE:NOW)
ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides automated business process management solutions for businesses. It operates the Now Platform for process mining, AI, performance analytics, ML, end-to-end digital transformation, and other development tools. While other AI stocks took a beating, NOW took the other direction and is up 5% in the last 5 trading days.
NOW stock was unfazed by the DeepSeek AI news because it is one of those few companies that have successfully monetized AI, so it doesn’t really matter if someone comes up with a better model. The company’s Now Assist platform launched just over a year ago has garnered 44 clients with annual contract values worth at least $1 million. The company has also added security and procurement to their suite of offerings which should further drive up the demand.
ServiceNow’s (NYSE:NOW) leading position in offering Agentic AI solutions is likely to help the company ignore all the noise about AI spending. 2025 will be about Agentic AI and that’s the reason the stock keeps going up. It will be interesting to see if the management has anything to say about DeepSeek, though the Chinese AI model hardly impacts the company’s unique positioning in the AI world.
Overall, NOW ranks 2nd on our list of companies set to address DeepSeek AI concerns in earnings calls today. While we acknowledge the potential of NOW as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as NOW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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