Global Markets

European Movers: SAP (SAP GY) +4.0%, Sabadell (SAB SM) +2.0%, Carrefour (CA FP) -6.1%, Ubisoft (UBI FP) -4.2%, Volkswagen (VOW3 GY) -2.5%, Sanofi (SAN FP) -1.0%

StockNow breaking-news AI analysis

European markets were divided as SAP's cloud growth and Sabadell's NII beat offset steep declines in Volkswagen and Carrefour following weak China sales and missed profit targets.

News detail

SAP (SAP GY) +4.0%: Cloud rev. beats estimates.  Sabadell (SAB SM) +2.0%: NII beat, confirms FY guide but net profit misses.  Carrefour (CA FP) -6.1%: EPS growth misses exp.  Ubisoft (UBI FP) -4.2%: Poor earnings, downgraded at Wedbush.  Volkswagen (VOW3 GY) -2.5%: Downgraded FY rev. growth, China sales slump -31.6%.

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