SAP Cloud Revenue Matches Estimates as AI Adoption Fuels Demand
SAP SE rose the most since January after posting strong cloud demand in the first quarter, as the boom in artificial intelligence fueled the German software company’s growth.
SAP SE rose the most since January after posting strong cloud demand in the first quarter, as the boom in artificial intelligence fueled the German software company’s growth.
Associated British Foods Plc raised its outlook and interim dividend as shoppers head to budget fashion chain Primark and inflationary pressures in the food division ease.
A year after announcing more than $3 billion in losses on niche banks and real estate, Swedish pension fund Alecta delivered solid returns on its investments.
Ocado Group Plc grew faster than Britain’s major supermarkets as the technology and retail company tries to reverse losses that have fueled chatter around a potential stock listing move.
China’s biggest wave of steel exports since a global glut in the mid-2010s is inflaming trade tensions across the world as the metal reaches a wider range of destinations.
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