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SAP Shares Rise Most Since Jul.
SAP shares hit all-time high after upbeat cloud business outlook
By Hakan Ersen FRANKFURT (Reuters) -Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets on a strong cloud business in the third quarter.
SAP Shares Rise Most Since July as AI Tools Help Cloud Sales
SAP SE’s shares rose the most since July as cloud revenue soared at Europe’s biggest software company, which is transitioning customers away from locally run systems with the promise of artificial-intelligence tools and analytics.
SAP’s stock rises on fast-growing cloud revenue
The company reported earnings before certain costs such as stock compensation of €1.23 per share on revenue of €8.47 billion ($9.21 billion), up 9% from a year earlier. Wall Street analysts had forecast the earnings of just €1.
European shares sag, SAP boosts tech stocks
SAP overtakes ASML to become Europe’s most valuable tech company
SAP has overtaken ASML to become Europe’s most valuable technology company after a strong set of third-quarter results that saw the German software company lift its full-year outlook.
European shares sag, SAP boosts tech stocks after forecast raise
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European stocks slipped on Tuesday, as investors navigated geopolitical and global interest-rate cut uncertainties, while German company SAP's strong outlook boosted tech stocks and helped cushion some losses.
European Stocks Pare Decline as Bond Selloff Eases; SAP Rises
European stocks pared declines as bond yields retreated from the day’s highs, with investor attention also on a busy week for corporate earnings.
6h
on MSN
SAP Gains $26 Billion in Market Value, Surging Past ASML
The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the ...
CIO Dive
2h
SAP leans on ‘supercharging’ Joule to accelerate ERP migrations
The software giant said just one-fourth of its existing customers were shifting to cloud as segment revenues continued to ...
Diginomica
12h
SAP soars as cloud revenue increases and RISE becomes the methodology that CEO Christian Klein always wanted it to be
SAP soars as cloud revenue increases and RISE becomes the methodology that CEO Christian Klein always wanted it to be SAP’s ...
11h
on MSN
SAP rises after 'solid' Q3 results and outlook keep analysts bullish
SAP's (SAP) stock rose about 4% premarket on Tuesday after third quarter results and guidance beat estimates, which drew ...
15h
on MSN
SAP Cloud Sales Jump as Software Giant Lures Clients With AI
SAP SE said its cloud revenue grew by 25% in the third quarter, as Europe’s biggest software company pushed customers to ...
6h
SAP price target raised to $265 from $248 at BMO Capital
BMO Capital raised the firm’s price target on SAP (SAP) to $265 from $248 and keeps an Outperform rating on the shares. The company ...
2h
Stock market heavyweight SAP: Too fat for the DAX?
SAP has long been one of the major players in the DAX share index. Now the share has exceeded the limit that an individual ...
11h
SAP Dethrones ASML as Europe’s Most Valuable Tech Company
SAP gained about $26 billion in market value after the German software company raised annual revenue and earnings forecasts, overtaking ASML as Europe’s most valuable tech group. Find out more: ...
6h
SAP SE: Strong Q3 Performance and Promising Growth Outlook Justify Buy Rating
Frederic Boulan, an analyst from Bank of America Securities, reiterated the Buy rating on SAP SE (0NW4 – Research Report). The associated ...
9h
on MSN
SAP to Scrutinize Partner Carahsoft Over DOJ investigation
SAP SE, Europe’s most valuable software company, is scrutinizing its relationship with government reseller Carahsoft ...
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