SAP cuts 1 in 7 jobs in Germany - report

SAP is cutting 3,500 jobs in Germany as part of a larger plan to reduce 10,000 jobs, despite strong stock performance and high employee dissatisfaction.

Earnings call: SAP reports robust Q3 2024 growth, raises outlook

SAP shares jump as cloud strength drives beat and raise performance in Q3

SAP raised its 2024 outlook after strong Q3 results, with cloud revenue up 25%. Analysts see potential for long-term growth, raising price targets significantly.

Expect 'strong' tech earnings season, says Wedbush

Wedbush predicts strong Q3 tech earnings, emphasizing the AI revolution and cloud migration. Expect significant growth from major tech players and a bullish outlook for 2025.