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SAP Stock Up On Q3 Growth, FY24 Outlook Revision

SAP Stock Up On Q3 Growth, FY24 Outlook Revision

Shares of SAP AG were gaining around 5 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German software major raised its fiscal 2024 outlook for operating profit and cloud and software revenue after reporting higher third-quarter results.
RTTNews | vor 35 Tagen
FTSE 100 Drifts Lower As Budget Deficit Widens

FTSE 100 Drifts Lower As Budget Deficit Widens

U.K. stocks drifted lower on Tuesday after data showed the U.K. budget deficit widened more than estimated in September and also hit the highest level for the month since 2021.
RTTNews | vor 35 Tagen
DAX Rises As SAP Raises Annual Outlook

DAX Rises As SAP Raises Annual Outlook

German stocks traded higher on Tuesday after software giant SAP raised its full-year targets on a strong cloud business in the third quarter.
RTTNews | vor 35 Tagen
Asian Shares Mostly Lower As Yields Climb

Asian Shares Mostly Lower As Yields Climb

Asian stocks ended broadly lower on Tuesday as Middle East tensions persisted and rising bond yields made investors rethink about rate cut chances.
RTTNews | vor 35 Tagen
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UK Budget Deficit Widens More Than Estimated

UK Budget Deficit Widens More Than Estimated

The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing since monthly records began in January 1993.
RTTNews | vor 35 Tagen
Europe New Car Registrations Fall For Second Month: ACEA

Europe New Car Registrations Fall For Second Month: ACEA

Europe's new car registrations declined for the second straight month in September due to the fall in sales across France, Germany and Italy, data published by the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. New car sales decreased 6.1 percent in September from a year ago. However, this was much slower than the 18.3 percent fall posted in August.
RTTNews | vor 35 Tagen
European Economic News Preview: UK Public Sector Finance Data Due

European Economic News Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK and new car registrations from Europe are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. The public sector net borrowing is seen at GBP 17.4 billion in September compared to GBP 13.7 billion in August.
RTTNews | vor 35 Tagen
European Shares Set To Open Mostly Higher

European Shares Set To Open Mostly Higher

European stocks are seen opening mostly higher on Tuesday, even as a cautious undertone may prevail as investors await cues from the latest batch of earnings and speeches by Federal Reserve officials.
RTTNews | vor 35 Tagen
Sensex, Nifty Modestly Higher In Early Trade

Sensex, Nifty Modestly Higher In Early Trade

Indian shares were slightly higher on Tuesday despite weak cues from global markets due to lingering Middle East tensions and uncertainty over the upcoming U.S. presidential election.
RTTNews | vor 35 Tagen
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as bond yields surged on cooling expectations on US Fed interest rate cuts. Traders also booked some profits after the recent up surge in the markets. The uncertainty over wars in the Middle East and Europe as well as the U.S. presidential election is weighing on market sentiment.
RTTNews | vor 35 Tagen

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