Wed, April 23, 2025

by: Fortune

What to believe, Elon Musk's promises or Tesla's terrible results for Q1?

Elon Musk's true believers are boosting the stock despite a big net income drop.

by: ThePrint

Indian stock indices shine for 7th day; Sensex regains 80,000 level

New Delhi [India], April 23 (ANI): Indian stock indices remained in the green for the seventh straight session, and in the process, Sensex regained the 80,000 levels. Sensex is still some 6,000 points from its peak. Show Full Article Market experts say that the positive bias in Indian equities is likely due to the return […]

by: Fortune

SAP soars most in six years after profit beats estimates

SAP's stock has risen 36% over the last year and its value eclipsed Novo Nordisk and LVMH in March.

by: Impacts

Best Stocks to Buy After Budget 2025 in India

The 2025 budget brings good news for investors who regularly look for stocks to buy today. With several sectors poised for economic growth and tax relief for the public, this is a great time to invest in the market. So, let us explore which industries—from consumer goods to healthcare—offer the best investment opportunities in this […]

by: WOPRAI

As of Apr 23rd, 2025, there has been substantial selling of Mangoceuticals, Inc. in recent trading

by: WOPRAI

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by: WOPRAI

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by: WOPRAI

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SAP soars most in six years after profit beats estimates

SAP's stock has risen 36% over the last year and its value eclipsed Novo Nordisk and LVMH in March.

SAP, the German software giant, reported its highest profits in six years, driven by strong demand for its cloud services, positioning it as Europe's most valuable company. In the first quarter of 2025, SAP's cloud revenue surged by 24% year-over-year, reaching €3.9 billion, while total revenue increased by 10% to €7.9 billion. The company's operating profit soared to €2.1 billion, a significant rise attributed to the successful implementation of its cloud strategy and the acquisition of Qualtrics, which bolstered its cloud offerings. SAP's CEO, Christian Klein, emphasized the company's focus on innovation and customer satisfaction as key drivers of its success, with the company now valued at over €200 billion, surpassing other European tech firms.

Read the Full Fortune Article at:
https://fortune.com/europe/2025/04/23/sap-soars-profits-most-in-six-years-europe-most-valuable-company-cloud/


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Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to be the only growth business. It reported $7.9 billion in revenue in Q4, up 10% YoY.