Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong result came even as concerns around artificial intelligence continue to weigh on the broader sector.
For one software giant, the fear that artificial intelligence will render their products obsolete has a silver lining.
Evergreen Capital Management LLC lifted its position in shares of SAP SE (NYSE: SAP) by 90.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,012 shares of the software maker's stock after purchasing an additional 11,907 shares during the
SAP plans to acquire Reltio to unify enterprise data and strengthen its AI-first strategy, boosting Business Data Cloud and AI agents across its software suite.
In an exclusive interview with CNBC, Philipp Herzig, the CTO at SAP remains positive that AI will positively transform software applications. He also sees potential for AI and software to be co-opted and shares how SAP is using AI to build agents and better user experiences.
SAP SE (SAP) Presents at Goldman Sachs European Technology Conference 2026 Transcript
SAP: An Intriguing Way To Play The Software Sell-Off
German business-software group SAP said it would hand out around 2.92 billion euros in dividends on its 2025 earnings.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
SAP stock plummeted 15% on January 29—the sharpest single-day decline since October 2020. What caused this decline?
SAP SE (SAP) Q4 2025 Earnings Call Transcript
Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020. The decline came as the company rattled investors over the health of its cloud computing business, the Financial Times (FT) reported Thursday (Jan. 29).