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SAP, cloud
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 Stock Hits Record High as Demand for Its Cloud Products Soars
SAP beat third-quarter profit and sales estimates on soaring demand for the business software maker's cloud offerings.
SAP’s stock rises on fast-growing cloud revenue
The company’s bottom line benefits from its customers’ shift to the cloud, where it has been able to pitch its growing range of AI services. When SAP’s customers move to the cloud, they generally spend more money on subscription fees than they do on its legacy, on-premises licenses.
7h
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 ...
10h
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 ...
CIO Dive
3h
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 ...
13h
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: ...
3h
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 ...
12h
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 ...
1d
on MSN
Morning Bid: SAP Sets the Tone
Europe's heavyweight software maker SAP reports third-quarter earnings today. The behemoth will set the tone for German and ...
6d
SAP Dethrones ASML as Europe’s Most Valuable Technology Firm
ASML Holding NV lost its place as Europe’s most valuable technology company to software firm SAP SE after a guidance cut sent ...
10h
on MSN
SAP Stock Climbs as Earnings Shine. Why That’s Good News for IBM and Oracle.
SAP was the first of the software giants to report this earnings season, and its outlook for its cloud business gives clues ...
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