First indications suggest a robust start to 2023 for ServiceNow

[ad_1] © Reuters. First indications suggest a robust start to 2023 for ServiceNow (NOW) – Morgan Stanley By Sam Boughedda In its monthly federal business tracker note for January, focused on software stocks, Morgan Stanley analysts positively highlighted ServiceNow (NYSE:). The analysts revealed that its Software Federal Business Tracker indicated that “muted” December trends continued … Read more

Investors took back $10B from the fund space, marking the first weekly outflow in six

[ad_1] TimArbaev Wall Steet observed investors retract $10.7B from the fund space which included both conventional funds and exchange traded funds for the week ending Feb. 1. The weekly outflow marked the first week of redemptions in the past six trading weeks. Money market funds experienced the most significant outflow, as the space pulled $8.3B … Read more

China Jan services activity expands for first time in five months

[ad_1] © Reuters. People sit in a restaurant during Spring Festival and Lunar New Year celebrations in Beijing, China, January 23, 2023. REUTERS/Thomas Peter/Files BEIJING (Reuters) – China’s services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, sending … Read more