SAP shares see biggest drop since 2020 after fourth-quarter cloud contract growth disappoints
It’s the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results
European markets open higher as earnings ‘super Thursday’ unfolds, SAP tumbles
European stocks opened higher on Thursday, with traders focused on a raft of earnings reports from some of Europe’s biggest companies.
CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
India has shed import duties on European cars, opening its long-protected auto industry from global competition.
CNBC Daily Open: Investors expected the Fed to hold rates — it was Powell’s comments that drew interest
Powell left some advice to the next Fed chair. “Don’t get pulled into elected politics,” Powell said. “Don’t do it.”
Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML
ASML is the only company in the world that makes extreme ultraviolet lithography machines, which are crucial for manufacturing advanced AI chips
Deutsche Bank beats profit expectations as fixed income and currencies drive fourth-quarter earnings
Deutsche Bank’s net profit attributable to shareholders came in at 1.3 billion euros.
China and the UK are attempting to reset their relationship — here’s how
U.K. Prime Minister Sir Keir Starmer said he hopes to build “more sophisticated” ties with China as the two nations look to revive their bilateral relationship.
The market is ‘too optimistic’ and ignoring this defensive trade that’s being offered ‘on a silver platter, a BofA analyst says
As investors downplay risks across equity and credit, BofA has pinpointed a key defensive trade.
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry
SK Hynix beats rival Samsung Electronics in profits for 2025 for the first time ever, as the memory maker retains a lead in AI products.
Advantest shares jump as much as 14% as AI chip boom drives record sales and higher profit outlook
Shares of Japanese semiconductor equipment maker Advantest jumped over 7% after the company posted record quarterly sales in the October-December period.
