Jim Hagemann Snabe, Co-CEO of SAP, tells CNBC that the technology industry is going through a relatively large change and their innovation strategy has paid off.
Jim Cramer’s researcher, Nicole Urken, takes a look at what Apple vs Amazon says about investing in the tech sector.
Steve Watts, President, Asia Pacific & Japan, SAP says technology in faster growing markets has advanced to smart, mobile devices. He expresses confidence in corporate spending in Asia.
Stocks finished higher Wednesday, with the S&P 500 within striking distance of the 1,500 level and the Dow Jones closing at its best level in five years, lifted by a batch of stronger-than-expected earnings.
Earnings beats from Google and IBM boosted Apple stock on Wednesday, as traders bet the one-time darling could regain some of its luster when it reports earnings after the bell.
European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.
U.S. stock index futures were flat Wednesday as investors digested a batch of corporate earnings results and following the recent rally that took major averages to their best levels in more than five years.
German business software maker SAP issued guidance for 2013 operating profit that beat market expectations, and the company's co-Chief Executive Jim Hagemann Snabe told CNBC the software industry is being split into two.
"I think the market is psychologically prepared to continue without Apple, and if Apple gets involved, it could give it a little bit of an adrenalin shot," one pro said.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Next week is huge for tech earnings, with two of the biggest names in mobile, Apple and Google, stepping up to the plate.
Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.
With the sector challenged broadly, Cramer said in technology you've got to pick your plays carefully.
As the concept of the cloud is fully embraced, software companies will be primary drivers. Here are two names to consider in 2013.
Sometimes you can’t make a call until you hit the books. What has Cramer learned about these names?
How could HP and its army of lawyers, accountants and investment bankers miss warning signs on Autonomy and go ahead with the deal?
They may be household names, but on Tuesday’s broadcast Jim Cramer said two companies had no business in your portfolio.
THE NUMBERS: Business software maker SAP AG's third-quarter profit fell 51 percent because of a large year-ago gain stemming from a legal settlement. But revenue grew 16 percent, and the company lifted its sales outlook for the year.
Business software firm SAP is seeing double-digit growth as it invests in cloud computing, data solutions and mobile — areas that are seeing massive growth, co-CEO Bill McDermott told CNBC’s “Squawk Box” on Wednesday.
FRANKFURT, Germany-- Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing was growing fast.