Drop in customers' cloud conversion rate causes share price to plunge 22% - steepest decline since 2020 SAP is refusing to ...
SAP shares plunged after the German business-software group’s cloud backlog and sales guidance disappointed investors.
SAP shares suffered their biggest one-day loss since 2020 after Europe’s largest software company spooked investors over whether its cloud computing business can sustain its rapid growth.
By Leo Marchandon and Danilo Masoni Jan 29 - German software company SAP's 2026 cloud revenue forecast failed to meet market expectations on Thursday and the company's shares fell by 15%, marking ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Software vendors SAP and Databricks are partnering to help companies analyze their most ...
SAP SE's Q3 results showed robust cloud backlog growth. Click here to read the technical analysis of SAP stock and why it is rated as a Hold.
The carnage reflects growing nervousness over the future of the software industry in the age of artificial intelligence. The value of listed American enterprise-software companies is down by 10% over ...
2. The valuation is still a bit demanding, but we are close to "buy" territory.
In opening-day keynotes at the Sapphire conference Tuesday SAP executives unveiled new and extended alliances with AI tech leaders, including Nvidia, AWS and Microsoft, and detailed plans to expand ...
As SAP customers look to move off legacy applications, move to the cloud and adopt AI, Lemongrass is seeing growing demand for advisory and support services for business and organizations implementing ...
AI means business. It’s a term that has almost too many meanings. AI means business because (as we know) the discipline itself is currently basking in the glow of a renaissance brought about by the ...
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the ...