Asset Intelligence / Hyperliquid Context
NOW
Archive-backed market intelligence for NOW: every HIPERWIRE mover article tied to this asset, plus a client-refreshed live market panel.
NOW tracks the value of 1 share of common stock in ServiceNow, Inc. ServiceNow provides cloud-based workflow automation and enterprise software solutions.
Live Structure
Market Status
Loading current market structure…
- Builderxyz
- Categorystock
- Tracked Marketxyz:NOW
- Latest TweetOpen
No other live markets from this builder in the current screener.
No same-category alternatives are live in the current screener snapshot.
Archive Summary
Latest Archived Thesis
NOW Bounces 11.89% as Buyers Call the Software Sell-Off Overdone
ServiceNow's HIP-3 perp jumped 11.89% over 23 hours, tracking a stock that rebounded roughly 8% on June 26 as buyers decided the software sector's sell-off had gone too far. NOW had fallen from about $135.86 on June 1 to near $89.52 by June 25, and the bounce arrived with Benchmark reiterating a Buy and a $130 target plus AI partnership headlines from IBM and HPE. But the stock is still down about 34% year-to-date with no earnings until July 22, so this reads as a relief move off depressed levels rather than a fundamental re-rating.
Archive
All NOW Mover Articles
NOW Bounces 11.89% as Buyers Call the Software Sell-Off Overdone
ServiceNow's HIP-3 perp jumped 11.89% over 23 hours, tracking a stock that rebounded roughly 8% on June 26 as buyers decided the software sector's sell-off had gone too far. NOW had fallen from about $135.86 on June 1 to near $89.52 by June 25, and the bounce arrived with Benchmark reiterating a Buy and a $130 target plus AI partnership headlines from IBM and HPE. But the stock is still down about 34% year-to-date with no earnings until July 22, so this reads as a relief move off depressed levels rather than a fundamental re-rating.
NOW Falls as a Hot Jobs Print Reprices Enterprise Software
ServiceNow's HIP-3 perp dropped 12.43% over 23 hours, tracking a stock that sold off after a hotter-than-expected May jobs report pushed Fed rate-cut odds further out and pressured long-duration software multiples. The slide also unwinds most of a roughly 24% two-session pop driven by a $50 billion buyback and Nvidia CEO Jensen Huang dismissing fears that AI would eat enterprise software. This is as much profit-taking on a stretched rebound as it is a fundamental rerating.
How to Trade NOW (ServiceNow) on Hyperliquid
NOW is a HIP-3 perpetual futures contract that tracks one share of ServiceNow, Inc., the enterprise software company behind the Now Platform for digital workflows. Despite beating every line in its Q1 2026 report, the stock posted its worst single-day drop ever, turning NOW into one of the cleanest ways to express a view on whether agentic AI lifts or eats enterprise SaaS. This guide breaks down what the asset is, why it moves, and how the perp works before you size a position.
Background reading selected from this asset's symbol, builder context, and archived catalyst coverage.