Boosted by AI demand, SAP's cloud revenue surged 25% in the second quarter, and rose more than 5% in after-hours trading. | Financial Report News
In Q2, SAP's total revenue grew by 10% higher than expected, with cloud ERP suite revenue increasing by 33%, and current cloud business backlog orders increasing by 28%. SAP maintains its guidance for this year and slightly raises its operating profit guidance for next year.
Google Reverses Course On Cookie Ban In Chrome, Citing Industry, Regulatory Pressure
Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google decided to abandon its long-standing plan to eliminate cookies in its Chrome browser, citing industry and regulatory pushback.What Happened: After
Notable Earnings After Tuesday's Close
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
SAP Gains After Q2 Results, Guidance Meet Expectations; Gives Restructuring Update
WBD Taps Matching Rights in an Attempt to Stay on NBA Deal