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SAP CLOUD OUTLOOK
India's retail inflation edges up to 3.48% in April as food prices firm upIndia's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the ov...- India bonds extend losses as US-Iran flare up keeps oil elevatedIndian government bonds declined Tuesday, with the benchmark 10-year note facing its sixth consecutive day of losses. Renewed attacks in th...
- Global Markets | European shares fall, set for weekly loss on Middle East worriesEuropean shares fell on Friday and were set to end the week lower, as investors remained concerned about the lack of progress toward a reso...
- US software stocks slide after SAP, ServiceNow results fuel AI disruption fearsU.S. software stocks fell on Thursday after SAP's cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor ...
- SAP misses third-quarter revenue estimates, US-listed shares fall 3%Walldorf, Germany-based SAP said revenue for the third quarter ended Sept. 30 rose 7% to 9.08 billion euros ($10.59 billion), missing analy...
- European shares edge lower; SAP boosts tech stocksEuropean stocks remained flat on Tuesday. Investors considered outlooks from tech giants SAP and Logitech. SAP's strong cloud business boos...
- SAP to restructure 8,000 roles in push towards AISAP said it expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion by backing AI-powered...
- SAP to restructure 8,000 roles in push towards AISAP expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion, while opening new tab in AI-...
- Tailwinds propelling India; bullish about prospects, says Punit RenjenIndia is incredibly important for German multinational software company SAP SE, said senior company officials here on Tuesday.
- SAP posts 16% jump in Q3 cloud business revenue at $3.66 billionFor the full year, the company reaffirmed its cloud revenue outlook in the range of €14 billion-14.2 billion.
- SAP lowers FY cloud revenue forecast after slowing demand in Q2Cloud revenue was 3.3 billion euros in the second quarter, falling short of a median estimate of 3.4 billion euros in a company-provided co...
- SAP to embed ChatGPT in products as quarterly revenue beats estimatesSAP also has an internal committee with customers, researchers and analysts to check for biases in AI use cases and guard against potential...
- SAP to cut 3,000 jobs, explore Qualtrics stake saleSAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon announced thousands of layoffs...
- Microsoft beats quarterly revenue estimates on cloud boostA diverse portfolio of products including Outlook and Teams has made Microsoft essential to businesses adopting flexible work models, helpi...
- Germany's SAP shares slip as improved outlook still falls shortShares in the firm whose software is used for finance, human resources management and supply-chains were down 2% by mid morning, after an i...
- SAP says new cloud package a hit, confirms outlookSAP's new business transformation product, Rise with SAP, is "rapidly becoming a massive accelerator", CEO Christian Klein says after annou...
- SAP goes all in on cloud, scraps mid-term margin goalsInvestors reacted by dumping shares in Europe's most valuable tech firm, which opened nearly 20% lower in Frankfurt to wipe $35 billion off...
- Female SAP co-CEO leaves company after six monthsMorgan, 48, became the first woman to head a company listed on Frankfurt's blue-chip DAX 30 index when she was appointed co-CEO alongside C...
- SAP gets ready to woo Indian startups, to make HANA available to enterprisesIn the near future, McDermott also sees the company’s investment arm Sapphire Ventures investing "disproportionately" in India.
- A startup from eastern Europe or Bangalore can make you irrelevant: Ravi Chauhan"The headache of managing this huge IT infrastructure is not your own. If you want to consume IT, you can use it as a utility and it is ver...
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