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A person holds a smartphone displaying the logo of SAP, a German multinational software corporation known for its enterprise resource planning solutions. Cheng Xin | Getty Images News | Getty Images German software giant SAP said Wednesday that U.S. tariff tensions were slowing down its customers’ decision-making, but that the Japan trade deal announced Tuesday … Read more
Novo Nordisk A/S reclaimed its position as Europe’s most valuable public company, overtaking software developer SAP SE. Shares in the Danish drugmaker climbed as much as 2.3% on Friday after Novo said it plans to advance its experimental weight management treatment amycretin into late-stage development following feedback from regulatory authorities. Novo’s market capitalization stood at … Read more
Late in March, German software giant SAP caught the world’s attention when it overtook Novo Nordisk and LVMH as the most valuable company in Europe. Ask SAP’s CFO about this novel numerical feat, though, and you’re unlikely to be greeted with much fanfare. “We might be big in European terms, but frankly, against our most … Read more
A general view of the headquarters of SAP AG, Germany’s largest software company on January 8, 2013 in Walldorf, Germany. Thomas Lohnes | Getty Images News | Getty Images Software-maker SAP became Europe’s most valuable company this week, riding a wave of artificial intelligence enthusiasm and German stock market gains. The company had a market … Read more
German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and artificial intelligence operations fueled growth. Europe’s largest software maker now expects operating profit on a constant currency basis in 2025 to be between 10.3 billion euros ($10.7 billion) to 10.6 billion euros, up from a previous … Read more
SAP CEO Christian Klein, pictured in May 16, 2024, says he would support a $500 billion Stargate Europe. Alex Grimm | Getty Images News | Getty Images U.S. President Donald Trump’s recently announced Stargate Project — a $500 billion investment in American AI infrastructure — should be a “wake-up call” for Europe, according to the … Read more
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