SAP AG
CNBC Daily Open: Consumers and CFOs alike are expecting a recession in the U.S.
A Forever 21 store in New York, in March 2025. Yuki Iwamura | Bloomberg | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days […]
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German stocks are massively outperforming their European peers. Here’s why
Germany’s stock market is massively outperforming its European peers this year and moving in lockstep with U.S. equities. The main market, the DAX 30 , is up about 19% so far this year, compared with the 5% hike of the European benchmark, the Stoxx 600 . The gains in Germany are closer to performances seen […]
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SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Key Points Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector. “If you only regulate technology in Europe, how can our startups here in Europe … compete against the other startups in China, in Asia, in the U.S.?” Klein […]
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Stocks making the biggest moves after hours: Cleveland-Cliffs, Nucor, NXP Semiconductors and more
Check out the companies making headlines in after-hours trading: Cleveland-Cliffs — The steel producer added 1.6%. Cleveland-Cliffs said it was lowering its outlook for capital expenditures and was on pace to hit its target for cost reductions. On the other hand, the company saw $5.09 billion in revenue for the second quarter, under the consensus […]
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Shares producing the largest moves midday: CrowdStrike, GameStop, Greenback Tree, Nvidia and far more
Check out out the providers earning headlines in midday investing: CrowdStrike — The cybersecurity enterprise popped 12% soon after publishing a strong outlook and a to start with-quarter final results defeat. CrowdStrike documented adjusted earnings of 93 cents for each share on $921 million in revenue, which came in in excess of the earnings of […]
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Microsoft lays off 1,900 workers, virtually 9% of gaming division, right after Activision Blizzard acquisition
Microsoft CEO Satya Nadella listens to an viewers member’s problem through the firm’s annual shareholder conference in Bellevue, Washington, Nov. 30, 2016. Stephen Brashear | Getty Photos Information | Getty Photographs Microsoft will lay off around 1,900 employees in its Gaming unit, or around 9% of Microsoft Gaming’s headcount, according to a Thursday memo acquired […]
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European markets higher as tech stocks jump 5%
European Central Bank to hold rates amid debate over time of cuts The European Central Bank is set to hold interest rates at their current record high after its monetary policy meeting on Thursday — while investors are hungry for guidance on possible rate cuts. They may be disappointed. “The January ECB meeting this Thursday […]
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SAP to spend additional than $230 million to settle bribery charges, U.S. authorities say
Christian Klein, CEO of the software firm SAP, stands on the podium on the lookout at his cell cellular phone right before the start of the company’s Once-a-year Normal Meeting. Uwe Anspach | Picture Alliance | Getty Photographs SAP, the $192 billion German organization tech business, will pay back far more than $230 million to […]
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Morgan Stanley suggests these worldwide shares will soar on the $150 billion generative AI boom
Generative synthetic intelligence — or the usage of generative versions driven by AI to make textual content, visuals, or other media — is using the world by storm and it is really not just the U.S. tech giants that are set to gain, in accordance to Morgan Stanley. In an Oct. 2 note, the bank’s […]
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DocuSign shares rise on earnings conquer and sturdy assistance
Dan Springer, chief govt officer at DocuSign. David Paul Morris | Bloomberg | Getty Pictures DocuSign, the e-signature service provider, documented an earnings and earnings beat for the fiscal quarter ended April 30, along with saying a handful of C-suite hires and new services choices. The company’s shares spiked as much as 12% right after […]
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