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20:23
SAP reported first-quarter non-IFRS revenue of 9.56 billion euros, beating analysts’ expectations of 9.53 billion euros.
First quarter non-IFRS cloud/software revenue was 8.55 billion euros, while analysts expected 8.47 billion euros. First quarter non-IFRS cloud revenue was 5.96 billion euros, with analysts expecting 5.9 billion euros. Cloud revenue (excluding exchange rate factors) is expected to reach 25.8–26.2 billion euros in 2026. Cloud/software revenue (excluding exchange rate factors) is expected to reach 36.3–36.8 billion euros in 2026. A certain exchange’s US shares rose 11% after hours.
20:18
Trump Calls Iran Internal Chaos, Unclear Negotiating Partner: Rules Out Use of Nuclear Weapons, Warns of Oil Price Shock
BlockBeats News, April 24th - U.S. President Trump stated that the U.S. currently "doesn't know who Iran's leadership is," believing that Iran is stalling the negotiation process and the dialogue partner is unclear. He described Iran as "leaning toward the U.S., but with a lot of internal chaos." On the military front, Trump explicitly stated that he would not use nuclear weapons and warned that the consequences of a nuclear strike "would be worse than raising oil prices to $200 per barrel." In terms of energy, he pointed out that ships from around the world are heading to the U.S. to purchase oil and acknowledged that American consumers may need to bear higher gasoline prices in the short term. At the same time, he emphasized that the U.S. is not seeking an additional time window.
20:02
The S&P 500 index provisionally closed down 0.4%. The technology sector fell 1.6%, the consumer discretionary sector declined 1%, the financial sector dropped 0.9%, while the consumer staples sector rose 1.7% and the utilities sector increased 2.8%.
The Nasdaq 100 Index preliminarily closed down 0.5%. Among its constituent stocks, Workday preliminarily closed down 9.5%, Palantir fell 7.5%, Zscaler, Adobe, CTSH, AppLovin, Intuit, and Shopify fell as much as 6.8%, Cadence fell 5.2%, NXP Semiconductors rose 6.6%, Microchip Technology rose 9.5%, and Texas Instruments surged 19%. Salesforce preliminarily closed down 8.8%, leading the declines in Dow Jones constituent stocks alongside IBM, American Express, Microsoft, and Honeywell, while Caterpillar rose 3.2%. The Semiconductor Index closed higher for the seventeenth consecutive trading day.
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