The Latest Breaking News from SAP

With the increasing adoption of advanced software in almost every industry as part of their digital transformation efforts, prominent software companies SAP (SAP) and Salesforce, Inc. (CRM) should witness rising demand for their solutions. But which of the two stocks is a better buy now? Read on to find out.

The technology industry has suffered a massive sell-off this year on investor concerns about potential interest rate increases to control record-high inflation. However, given the growing demand for tech solutions and rising investments in the industry, we think now could be an opportune time to buy the stocks of high-quality…

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

German software firm SAP SE ADS (NYSE:SAP) is working with investment bank Moelis & Company (NYSE:MC) to divest its corporate learning software business Litmos, Reuters reports.  CEO Christian Klein looks to move towards subscription-driven services and increase cloud-based revenue. The report noted the sale of the profitable California-based Litmos could fetch a valuation of more…

Heightened inflationary pressures, aggressive interest rate increases, geopolitical instability, and the resurgence of COVID-19 cases have triggered a market correction. Given the increased market volatility, investing in companies with attractive valuations and significant upside potential could be wise. Thus, we believe the fundamentally sound yet cheap stocks of ARC Document…

The major stock market indices slid last week on unabated investor concerns over the potential for a recession caused by high inflation and surging energy prices. Amid this scenario, we think investors could buy the recent price dips in fundamentally sound stocks FedEx Corporation (FDX) and SAP SE (SAP) for…

SAP SE (NYSE:SAP) reported first-quarter FY22 Non-IFRS revenue growth of 7% year-on-year to €6.81 billion at constant currencies. Total revenue of €7.08 billion improved 11% Y/Y. Cloud revenue increased 25% Y/Y to €2.69 billion at CC. S/4HANA cloud revenue grew 71% Y/Y to €404 million at CC. Software licenses and support revenue declined…

  SAP (NYSE:SAP) reported its Q1 earnings results on Friday, April 22, 2022 at 01:00 AM. Here's what investors need to know about the announcement. Earnings SAP missed estimated earnings by 10.87%, reporting an EPS of $1.123 versus an estimate of $1.26.

Kraft Heinz Co (NASDAQ:KHC) has partnered with Microsoft Corp (NASDAQ:MSFT) to develop digital solutions for the supply chain process. The multi-year cloud and AI agreement will focus on joint innovations across Kraft Heinz operations and product portfolios. Kraft Heinz will migrate most of its global data center assets to the Microsoft Azure cloud platform and…