@Shyon：$ServiceNow(NOW)$ ServiceNow ($NOW) has recently gone through a meaningful pullback, followed by a rebound that has started to restore some investor confidence. For me, however, the volatility does not change the long-term thesis. I continue to DCA because I see the pullback as an opportunity to accumulate a high-quality enterprise software company at a more attractive valuation rather than trying to perfectly time the bottom. The recent weakness was partly driven by concerns over the broader SaaS sector and expectations for a softer second half, but ServiceNow's underlying business remains strong. The biggest reason I remain bullish is the company's ability to turn AI from a buzzword into real enterprise spending. In Q2 2026, ServiceNow generated $3.88 billion in subscription revenue, up 24.5% year over year, while remaining performance obligations reached $29 billion. Even more importantly, ServiceNow AI crossed $1 billion in annual contract value, showing that customers are increasingly willing to pay for its AI capabilities. This gives me confidence that the AI opportunity is not simply about future potential—the monetization is already showing up in the numbers. I also like ServiceNow because it sits at the intersection of several long-term trends: enterprise AI, workflow automation, cybersecurity, data governance and agentic AI. Rather than competing purely on the underlying AI model, ServiceNow is building the platform and workflow layer that allows large companies to actually deploy AI across their existing systems. The launch of Otto and the deeper integration of AI into its platform strengthen that positioning, while the company's long-term target of more than $30 billion in subscription revenue and 30% of ACV coming from AI provides a substantial runway for growth. That is why I am not changing my strategy simply because NOW experienced a pullback and then rebounded. If anything, the recent volatility reinforces my preference for DCA: I do not need to guess whether today's price is the exact bottom or the exact beginning of the next rally. I can continue building my position gradually while the business executes. The rebound is encouraging, but I am still focused on the bigger picture—strong recurring revenue, growing AI monetization and ServiceNow's potential to become a critical enterprise AI platform. For me, this is a long-term accumulation story, and I would rather use periods of weakness to build the position than chase the stock after a sharp recovery. @TigerStars @Tiger_comments @TigerClub
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