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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.

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Germany stocks mixed at close of trade; DAX up 1.44%

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5 big analyst AI moves: Apple downgraded; Microsoft pullback an opportunity

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Germany stocks mixed at close of trade; DAX down 0.20%

Germany's stock market showed mixed results with sector gains in Technology and losses in Financial Services. Key stocks reached new highs and lows.

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Germany stocks mixed at close of trade; DAX down 0.13%

Germany's stock market closed mixed, with gains in software and retail sectors, while DAX and MDAX indices fell. SAP reached all-time highs, and Bechtle hit 52-week lows.

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European shares sag, SAP boosts tech stocks after forecast raise

European stocks fell as geopolitical tensions and interest-rate uncertainties persisted, despite SAP's strong performance boosting tech shares and highlighting mixed earnings across sectors.

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SAP shares hit all-time high after upbeat cloud business outlook

SAP shares reached an all-time high after strong third-quarter cloud revenue growth, boosted by AI, leading to raised full-year targets amid ongoing restructuring plans.

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Morning Bid: SAP sets the tone

SAP reports earnings today, impacting European markets while global factors such as U.S. elections, China stimulus, and Bitcoin trends play significant roles in market dynamics.

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European shares fall led by tech stocks, investors digest PMI data

European shares fell primarily due to SAP, as the automobile sector struggled, influencing expectations for an ECB rate cut amid mixed economic indicators in the Eurozone.

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US investigates SAP, Carahsoft over price-fixing claims, Bloomberg News reports

The U.S. is investigating SAP and Carahsoft for allegedly conspiring to overcharge government agencies, with a civil probe examining potential price-fixing for over $2 billion in technology purchases.