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n=e.getConfig();"smartphone"===n.device&&("finance"===n.property&&"crunch"===n.ytheme&&e.addElementListener(t.searchInput,"click",(function(){var n,o;n="search_input_focus_click",null!==(o=re())&&(oe[n]||(oe[n]=o)),e.addElementListener(t.searchForm,"click",(function(){if(t.ybar){if(t.ybar.classList.contains("ybar-searchbox-assist-fullscreen"))return;t.ybar.classList.add("ybar-searchbox-assist-fullscreen"),t.ybar.classList.add("ybar-searchbox-assist-fadein")}if(!document.documentElement.classList.contains("ybar-overlay")){document.documentElement.classList.toggle("ybar-overlay"),document.body.classList.add("ybar-overlay-noscroll");te("ybar","websrch","",{elm:"expand",subsec:"searchbox",itc:"1"})}}))})),e.addElementListener(t.searchBoxPlaceholder,"click",(function(){zt(e,t)})),e.addElementListener(t.searchBoxPlaceholder,"keydown",(function(n){var 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A copy of the letter can be downloaded here. Markets continued their upward journey in the third quarter, driven by strong earnings growth, continued enthusiasm around artificial intelligence (AI), and easing trade tensions. The composite returned 12.06% in the quarter, compared to the S&P Global 1200 Information Technology Index’s 12.82% return.  Positive stock selection drove the relative performance of the fund in the quarter. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.In its third-quarter 2025 investor letter, Columbia Global Technology Growth Fund highlighted stocks such as ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) offers intelligent workflow automation solutions for digital businesses. The one-month return of ServiceNow, Inc. (NYSE:NOW) was 0.71%, and its shares lost 3.70% of their value over the last 52 weeks.  On October 31, 2025, ServiceNow, Inc. (NYSE:NOW) stock closed at $919.28 per share, with a market capitalization of $191.349 billion.Columbia Global Technology Growth Fund stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its third quarter 2025 investor letter:"ServiceNow, Inc. (NYSE:NOW) underperformed during the quarter after the company provided guidance that investors viewed as cautious, and caused concern that renewal deals from large clients were being pushed out. The company’s AI innovations are gaining traction and support the company’s strategic positioning as a next-gen workflow and AI orchestration platform."ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim CramerServiceNow, Inc. (NYSE:NOW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 106 hedge fund portfolios held ServiceNow, Inc. (NYSE:NOW) at the end of the second quarter, the same as in the previous quarter. Third quarter subscription revenues of ServiceNow, Inc. (NYSE:NOW) were $3.299 billion, marking a 20.5% year-over-year growth in constant currency. While we acknowledge the potential of ServiceNow, Inc. (NYSE:NOW) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.In another article, we covered ServiceNow, Inc. (NYSE:NOW) and shared the list of AI stocks on the market’s radar. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,771.55 -80.42 (-1.17%)Dow 3047,085.24 -251.44 (-0.53%)Nasdaq23,348.64 -486.09 (-2.04%)Russell 20002,427.34 -43.90 (-1.78%)VIX19.00 +1.83 (+10.66%)Gold3,941.30 -72.70 (-1.81%)PortfolioSign in to access your portfolioSign inTop gainersHTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)XMTR Xometry, Inc. 62.62 +14.05 (+28.93%)PAY Paymentus Holdings, Inc. 36.10 +7.49 (+26.18%)MTSR Metsera, Inc. 73.18 +12.45 (+20.50%)SANM Sanmina Corporation 163.58 +23.24 (+16.56%)Top losersDGNX Diginex Limited 18.25 -5.38 (-22.77%)NCLH Norwegian Cruise Line Holdings Ltd. 18.79 -3.39 (-15.28%)NVTS Navitas Semiconductor Corporation 10.46 -1.79 (-14.61%)ZTS Zoetis Inc. 124.46 -19.89 (-13.78%)WRD WeRide Inc. 9.41 -1.49 (-13.72%)Most activeNVDA NVIDIA Corporation 198.69 -8.19 (-3.96%)PFE Pfizer Inc. 24.30 -0.36 (-1.46%)HTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)PLTR Palantir Technologies Inc. 190.74 -16.44 (-7.94%)GRAB Grab Holdings Limited 5.79 -0.29 (-4.70%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 100,921.98 -5,662.35 (-5.31%)ETH-USD Ethereum USD 3,247.72 -349.32 (-9.71%)HTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)XRP-USD XRP USD 2.16 -0.14 (-6.08%)NCLH Norwegian Cruise Line Holdings Ltd. 18.79 -3.39 (-15.28%)Top economic events