ServiceNow (NOW) Unveils Autonomous Security to Accelerate Growth

ServiceNow has announced six new Autonomous Security solutions under "Shift Zero" to enhance its cybersecurity offerings. The company's security and risk business has already surpassed $1 billion in annual contract value and is growing rapidly, boasting a 98% renewal rate. Despite its growth, the stock has experienced a significant decline over the past year, and some key security features are not yet available, leading to questions about its full capabilities and market valuation.