SAP Cloud Revenue Matches Estimates as AI Adoption Fuels Demand

Bloomberg.com— SAP SE reported first-quarter cloud revenue in line with analysts, as a boom in demand for artificial intelligence fueled the German...

Yahoo Finance—SAP Cloud Revenue Meets Estimate as AI Adoption Fuels Demand. (Bloomberg) -- SAP SE reported first-quarter cloud revenue in line with analysts, as a boom in demand for artificial intelligence fueled the German software company’s growth. Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingStocks Climb as US Earnings Kick Into High Gear: Markets WrapUS Dollar’s Extended Reign Delivers Stark Wake-Up...

Yahoo Finance—Super Micro forecasts quarterly revenue above estimates as AI powers server demand. Super Micro's in-house liquid cooling solutions for servers have helped it get products to the market quicker than its competitors, who rely partly on third-party vendors. Its close relations with chip giants Nvidia and Advanced Micro Devices, whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals. Super Micro's stock, which has nearly tripled so far this year, was added to the S&P 500...

Tuoi Tre News Video—AI fuels cloud computing boom for tech giants. Performance was consistent at Microsoft's Azure and Google Cloud, which grew above expectations at 31 percent and 28 percent, respectively, in the first three months of the year