$SAP

SAP and NVIDIA are collaborating to enhance the security and governance of AI agents in enterprise systems. They are integrating SAP Business AI Platform with NVIDIA OpenShell, an open-source runtime for autonomous AI agents. SAP engineers are contributing to the OpenShell codebase, focusing on platform architecture, Kubernetes-native operations, and enterprise observability. The Joule Studio runtime, available free for SAP customers until 2026, provides governance for AI agents.

SAP SE (SAP) tested a live finance workflow with ITOCHU, using agents to automate document collection and suggestions, while retaining human oversight. The stock rose to $211.10. Separately, SAP India halted support for Nayara Energy due to new EU sanctions.

SAP SE (NYSE:SAP) faced a selloff in February due to AI concerns but has since shown signs of recovery. The company introduced AI capabilities at recent events, leveraging its enterprise data and workflows. Q2 cloud revenue rose 22%, with AI embedded in over 90% of large deals. SAP forecasts 2026 cloud revenue of €25.8B-€26.2B but warns of margin pressure from AI investments. Hedge funds are increasing holdings while short interest decreases.

Palantir, Datadog, Snowflake, ServiceNow, SAP, and Oracle reported strong 2026 growth driven by AI and cloud infrastructure. Palantir led with 93% revenue growth, Datadog grew 36%, Snowflake 35%, ServiceNow 24%, SAP cloud revenue 22%, and Oracle Cloud Infrastructure surged 121%. AI workloads and data infrastructure are key growth drivers.

Bank of America surveyed 325 CIOs and noted SAP's strong competitive positioning, accelerating S/4HANA adoption, and gradual cloud migration. The firm maintained a 'buy' rating and raised its target price to EUR226. SAP shares rose 1% to EUR184.5 in Frankfurt.

SAP reported 25% growth in Cloud ERP Suite revenue (€5.53B) in Q2 2026, while Oracle's Fusion Cloud ERP grew 17% ($1.1B) in Q3 FY2026. Oracle's Cloud Infrastructure revenue surged 121% ($7.4B) in Q1 FY2027. SAP focuses on migrating existing customers to cloud, while Oracle expands its ERP-database-infrastructure-AI stack.

European Cloud Competition Observatory (ECCO) criticized Broadcom's licensing practices, citing market-harming actions and obstruction of EU antitrust investigations. SAP was also flagged for potential anticompetitive practices, while Microsoft was praised for progress. Broadcom's VMware actions and SAP's API restrictions could impact competition and pricing in Europe.

Australia's Digital Transformation Agency (DTA) excluded Google Cloud from its list of approved cloud vendors for government contracts, favoring Amazon Web Services, Microsoft, IBM, Oracle, SAP, and Rimini Street. The decision is based on a new sovereignty test assessing operational control and data security. Google Cloud remains available for individual contracts but loses preferred status. The policy shift follows a $230 million cloud spending spree by Services Australia and a 17.9% increase i

SAP SE, led by CEO Christian Klein, is under pressure to innovate with AI to stay relevant in the enterprise software industry. The company plans to roll out 50 AI assistants and 400 AI agents by year-end, aiming to lead the sector. SAP's stock has suffered amid concerns about AI's impact on traditional software firms. The company's strategy involves integrating AI with its cloud platform, but this has faced challenges, including customer pushback and migration issues. Analysts remain cautious,

SAP shares fell 1% to €175.84, extending losses after Adobe's cautious revenue outlook. Adobe shares dropped 3% premarket. Oracle's strong AI-driven results boosted its shares 7%. Investors question SAP's AI product timeline and Adobe's competitive position. SAP is down 16% YTD, while the Dax gained 4%.