Stocks

Potential Stock Splits Ahead: Spotlight on AI Leaders MSFT and NOW

Published August 12, 2024

Following the notable stock splits of companies like Nvidia, Broadcom, and Super Micro, investors are on the lookout for the next big names that could follow suit. Two artificial intelligence (AI) companies, namely Microsoft Corporation MSFT and ServiceNow NOW, are seen as strong candidates for stock splits in 2024. Amid the fast-paced evolution of the AI industry, stock splits can serve as tactical moves for companies to make their shares more accessible and enhance liquidity.

Microsoft Corporation MSFT - An AI Trailblazer

As a titan of the tech industry, MSFT's influence spans across multiple sectors, including AI. With its suite of cloud, AI, and computing products, the company has a robust presence in the AI market—a driving force that could lead to a potential stock split to accommodate its expanding investor base and retain market attractiveness. Best known for its Microsoft Windows operating systems, Office software, and Xbox consoles, MSFT also features prominently as one of the Big Five in the U.S. IT industry. Having topped revenue charts and consistently demonstrated fiscal strength, it's a stock watched closely for future corporate actions, such as stock splits.

ServiceNow NOW - Architecting the Digital Workflow

ServiceNow NOW, a software firm specializing in digital workflow solutions, stands out as a key player in the enterprise operations space. This company, headquartered in Santa Clara, California, has carved out a niche in enhancing efficiency and enabling the streamlined operation of business processes through its cloud-based platform. As NOW continues to scale and appeal to a wider pool of investors, the prospect of a stock split seems increasingly plausible—a strategic initiative that may well be on the horizon come 2024.

Microsoft, ServiceNow, StockSplit