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Brian Sozzi, reporter and analyst at Yahoo Finance, reports that ServiceNow's CEO is guiding the company toward becoming a $1 trillion company.
ServiceNow currently has a market cap of $94 billion, highlighting the significant growth required to meet this ambitious goal.
Sozzi has tracked large-cap tech valuations in recent coverage. In May, he reported that Nvidia surpassed Alphabet with a $4.85 trillion market cap. He has also assessed company strategy, recently noting that EBay’s renewed focus on collectibles supports its standalone outlook.