SANTA CLARA, Calif., and MEMPHIS, Tenn. – Oct. 29, 2025 –ServiceNow (NYSE: NOW), the AI platform for business transformation, and FedEx Dataworks, the insights and intelligence platform moving FedEx beyond transportation, today announced an expanded strategic collaboration to power supply chains of the future by uniting AI, data, and workflows. The companies will combine FedEx Dataworks’ economic and supply chain network data with the automation capabilities of the ServiceNow AI Platform to deliver workflows that anticipate disruptions, optimize networks, and turn complexity into competitive advantage. To start, FedEx Dataworks will integrate with ServiceNow procurement solutions to provide real-time intelligence into supply chain performance to help businesses make smarter sourcing decisions, reduce risk, and drive faster, data-driven procurement outcomes.
This strategic collaboration marks a new phase in intelligent, resilient, AI-native supply chain solutions. At the core of this expanded relationship is a long-term commitment to develop end-to-end supply chain workflows that unify planning, procurement, logistics, and network optimization in a single, intelligent platform with net new agentic and AI-native capabilities for customers.
The companies’ near-term focus is integrating FedEx Dataworks intelligence — spanning shipment data, route performance and availability, and disruptive events — with ServiceNow Source-to-Pay Operations. This integration is intended to enable organizations to spot supplier shortfalls early, increase confidence in supply chain continuity, and decrease costs associated with operational issues.
“In a world defined by constant disruption, agility isn’t just a competitive advantage — it’s how businesses grow and thrive,” said Paul Fipps, president of Global Customer Operations at ServiceNow. “We’ve seen how FedEx Dataworks is using the power of its data and technology innovation to transform global supply chain workflows. Together with ServiceNow’s single system of intelligent action, we’re pushing the boundaries of AI to help customers turn real-time insight into action, powering intelligent supply chains that anticipate, adapt, and act at the speed of their business.”
“Supply chains are the heartbeat of global commerce,” said Vishal Talwar, executive vice president, chief digital and information officer of FedEx Corp., and president of FedEx Dataworks. “By combining FedEx Dataworks’ economic and supply network intelligence with the ServiceNow AI Platform, we’re giving that heartbeat superpowers, empowering enterprises to stay ahead of change, move with intelligence, and lead with a level of precision and agility that simply wasn’t possible before.”
In addition, ServiceNow and FedEx Dataworks will undertake a multi-year initiative that will establish joint innovation hubs, platform integrations, and shared engineering resources to accelerate innovation. Together, these efforts advance a long-term vision to create the next generation of AI-powered supply chain solutions that bring agility, intelligence, and resilience at a global scale.
The first capabilities are expected to debut in the Source-to-Pay Operations products and solutions in Q1 2026, with broader availability to follow as part of the strategic collaboration’s phased rollout.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $89 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About ServiceNow
ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human-centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.
FedEx Forward-looking Statements
Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act, such as statements regarding regarding future product capabilities and offerings and expected benefits to FedEx and the assumptions underlying such statement. FedF Forward-looking statements include those preceded by, followed by or that include the words “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “forecasts,” “anticipates,” “plans,” “estimates,” “targets,” “projects,” “intends” or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements, including those found in FedEx Corp.’s and its subsidiaries’ press releases and FedEx Corp.’s filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended May 31, 2025. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
ServiceNow Forward-looking Statements
This press release contains “forward looking statements” about the expectations, beliefs, plans, and intentions relating to releasing a new integration. Such statements include statements regarding future product capabilities and offerings and expected benefits to ServiceNow. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, ServiceNow’s results could differ materially from the results expressed or implied by the forward-looking statements made. ServiceNow undertakes no obligation, and does not intend, to update the forward-looking statements. Factors that may cause actual results to differ materially from those in any forward looking statements include: (i) delays and unexpected difficulties and expenses in executing the partnership or delivering the product capabilities and offerings, (ii) changes in the regulatory landscape related to AI and (iii) uncertainty as to whether sales will justify the investments in the product capabilities and offerings. Further information on factors that could affect ServiceNow’s financial and other results is included in the filings ServiceNow makes with the Securities and Exchange Commission from time to time.
Xbox sales have been tanking for a while now — and the story hasn’t gotten any brighter. Microsoft just released its Q1 2026 earnings and Xbox hardware revenue was down 29 percent year-over-year. Last quarter, it was down 22 percent. Down 29…
Google’s parent company, Alphabet, displayed steady growth in its core advertising business and cloud computing division as it reported third-quarter earnings on Wednesday, beating Wall Street estimates as it reported its first quarter of $100bn in revenue.
The company thrilled Wall Street – shares rose in after-hours trading – even as it announced that it would spend billions more than previously predicted. Alphabet raised its capital expenditure guidance in financial filings, declaring it would spend between $91bn and $93bn in the upcoming year, nearly all of it on infrastructure like datacenters to support artificial intelligence products, which are becoming an integral part of the company’s business. That estimate is up from an original declaration of $75bn in February and a revised figure of $85bn announced in July.
The company reported total revenue of $102.35bn for the quarter, compared with analysts’ average estimate of $99.89bn, according to data compiled by LSEG.
Google Cloud remained one of Alphabet’s fastest-growing segments, benefiting from surging enterprise demand for AI-powered infrastructure and data analytics services. The unit posted revenue of $15.16bn, topping estimates of $14.72bn. The performance was likely boosted by burgeoning enterprise demand for its AI infrastructure.
The unit continues to close the gap with larger rivals Microsoft Azure and Amazon Web Services, aided by strong take-up of Vertex AI and custom tensor processing units.
Competition in the broader AI and cloud market is intensifying, with rivals aggressively cutting prices and introducing new generative-AI capabilities.
Alphabet’s advertising unit, which brings is the vast majority of the company’s revenue, has been competing in a crowded field of rivals vying for more ad dollars as lower interest rates are expected to lift the economy.
However, analysts have pointed to cautious spending from advertisers in some sectors who are grappling with economic uncertainty due to pressures from tariff costs and a rapidly evolving global trading landscape.
Still, Wall Street expects the company to benefit from advertisers moving away from experimental ad platforms like Snapchat and others.
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The results come just days after Microsoft and SoftBank Group-backed OpenAI unveiled its AI-powered Atlas browser, aimed at directly competing with Google’s core search engine and Chrome browser, the most popular in the world.
The launch represents one of the most significant challenges to Google’s search dominance in years and will be a key focus for investors listening for management’s response to the rising competitive threat to its most lucrative business.
CFO Commentary to Be Provided in Writing Ahead of Call
SANTA CLARA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) — NVIDIA will host a conference call on Wednesday, November 19, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the third quarter of fiscal year 2026, which ended October 26, 2025.
The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a Q&A session, which will be limited to questions from financial analysts and institutional investors.
Ahead of the call, NVIDIA will provide written commentary on its third-quarter results from Colette Kress, the company’s executive vice president and chief financial officer. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.
The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its fourth quarter and fiscal year 2026.
About NVIDIA NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.
Inflation may be stuck around 3%, but Fed Chair Jerome Powell says the story underneath the surface is more nuanced — and in some ways, closer to the central bank’s target than it appears.
At the post-decision press conference, Powell broke down the September CPI report and the factors driving prices higher, emphasizing that tariffs, rather than broad-based price pressures, are the primary culprit behind sticky goods prices.
“The September CPI report …was a little softer than expected,” Powell said. “Basically, you’ve seen goods prices increasing, and that’s really due to tariffs. And that’s compared to a longer-run trend of very, very mild deflation in goods. So that’s moving inflation up.”
He added that housing inflation, which had long been a thorn in the Fed’s side, is finally showing sustained improvement.
“The housing services inflation has been coming down and is expected to continue to come down,” he said. “That leaves the biggest category … services other than housing services. And that’s kind of been moving sideways over the last few months.”
Powell suggested that once you strip out the impact of tariffs, underlying inflation is running much closer to the Fed’s 2% target, likely around 2.3% to 2.4%, or just a few tenths of a percentage point above the goal.
“We’re absolutely committed to returning inflation to 2%,” he said. “If you look at longer-term surveys or market pricing, you will see that that’s a credible commitment. And there should be no question that that’s where we’re going.”
