The ActivePassive US Equity ETF saw its assets under management jump 14% in a single day.
The increase in enterprises and government agencies digitizing their operations and moving data from on-premises to the cloud is helping IT-related service companies like Tyler. Tyler provides integrated information management solutions and services for the public sector and professional IT services to clients. The IT-solution provider's subscription revenue rose 11.7% to $313.2 million during the reported quarter from an year earlier.
ServiceNow stock fell after the software maker reported Q1 earnings and revenue that topped estimates while guidance came in slightly below views.