French consumers’ confidence resumes in January
According to data from the National Bureau of Statistics, French consumers’ confidence rose from 3 months to 92 o’clock in January, the highest level since February 2022.
The monthly consumer confidence investigation marks the strengthening of the family’s confidence in the French economy, but the number is still lower than the 100 -point average of 100 points.
-Abby Ryanto (Abby Ryanto)
SAP CFO said, Deepseek “very good news”
sap Chief Financial Officer Dominik Asam said on Tuesday that Deepseek is “very good news” for his company Fierce competition from Chinese startup AI applicationsEssence
ASAM told CNBC’s “Squawk Box EUROPE” that the company has been seeking to upgrade its system, and the more it must improve its AI HUB choice, the better.
ASAM said on Tuesday’s “Squawk Box Europe” of CNBC: “Therefore, I don’t worry … competition, this innovation is very helpful to create better products for our customers.”
The German software giant released the revenue in the fourth quarter today, exceeding profit expectations and upgrading the prospect of 2025. SAP’s half cloud order entry includes AI.
Assam said that the result showed that the company’s situation was “running a lot as planned.”
At 9:17 am in London time, SAP stocks are below the plane line.
-Abby Ryanto (Abby Ryanto)
Siemens’s energy has increased by 3 %, because the preliminary results brought slight recovery to the selling of AI -driven
Energy of Siemens After the company reports better than expected Preliminary results Press released after the market closed on Monday.
It is estimated that the profit will be reduced from 18.78 billion euros to 463 million euros in the first quarter. Despite this, the expected 373 million euros in the consensus estimate released by the company are still earlier. What follows is that its order intake will drop by 10.2 %.
The company headquartered in Munich is expected that annual income will increase by 18.4 % to 8.942 billion euros. It also stated that it is expected that the current free cash flow guide with a maximum of 1 billion euros of more than 2025 fiscal year will be updated as part of its semi -annual performance.
The overall audit results in the first quarter will be held on February 12.
Energy of Siemens.
Analysts of Deutsche Bank pointed out on Tuesday that the preliminary results showed that “much stronger than the expected first quarter results and cash flows.”
Company’s stock Monday fell 20 % As a part Global sale Trinked by Chinese artificial intelligence startup Deepseek, it improved The possibility of developing cheaper and less powerful AI tools Those manufactured by Western companies. Siemens Energy Corporation said that its investment on the power network will Help meet the demand for the required energy For technical progress.
The German bank analyst said: “We estimate the strong response of stocks (-20 %) of the stock on Deepseek news, and now provides a very attractive purchase opportunity.”
-Jenni Reid
Sell ​​Russian business to global development JSC
Bank of the Netherlands announced that it would sell its business in Russia to the Global Development of Moscow’s financial investors in Moscow.
The transaction will effectively close the event of ING in Russia, and it is expected that the transaction will be completed in the third quarter of this year. The specific terms of sales have not been disclosed.
The Dutch bank and financial service company also said that since the Russian-Ukrainian war in 2022, it has not launched any new businesses with Russian entities.
-Abby Ryanto (Abby Ryanto)
Software giant SAP defeats profit estimation, upgrade prospects
German sap Tuesday Report In the whole year of 2024, the adjusted operating profit increased to 8.153 billion euros (US $ 8.512 billion), which was higher than the 22 % marked in the company’s compilation analyst’s public opinion survey.
During this period, income increased by 11 % in its core cloud and software business, slightly higher than consensus estimation.
Europe’s largest software manufacturers have also raised their business profits to 10.3 billion euros to 10.6 billion euros, higher than the previous goals of 10.2 billion euros. Analysts of JPMORGAN (JPMORGAN) said the upgrade has been expected in advance.
SAP said it reached or exceeded all financial prospects in 2024, and CEO Christian Klein said this was “a strong result of the year.”
After the release, the stock listing rose by 2 %.
SAP stock price.
Strategist said
CFRA Research’s chief investment strategist, Sam Stovall, saw two reductions in 2025.
He told CNBC in an interview on Monday: “Our basic case is that they have reduced interest rates in the second quarter this year, and then reducing interest rates again in the fourth quarter.”
As for the FOMC meeting on Wednesday, Stovall is consistent with many investors. They believe that the Central Bank of the United States will The most likely to maintain a stable rateEssence
-Lisa kailai han
Apple exceeds NVIDIA as the most valuable company in the world
apple On Monday, on Monday, it became the most valuable listed company on Monday NvidiaThe carnival sent a decline in its market value. Microsoft It also surpassed the chip manufacturer and landed in the second place.
NVIDIA’s stock fell 13.5 % due to possible competitive concerns Chinese startup DeepseekThis claims that it has launched a free open source language model with a small part of its competitors.
Apple’s current market value is close to $ 3.4 billion, while Microsoft is $ 3.2 billion. The market value of NVIDIA is only $ 3.1 billion.
Just last week, NVIDIA regained the first place Replaced Apple As the most valuable company.
-Michelle Fox, Nick Wells (Nick Wells)
European market: The following is the opening ceremony
The European market is expected to open on Tuesday.
British Ftse 100 It is expected that the index will increase at 8,522 points at 8,522 points in Germany. Dax Rising 73 points at 21,356 points in France CAC Rising 14 points in 7,926 and Italy Ftse mib According to IG data, 70 points high with 36,471 points.
Income from sap,,,,, Foxtons group,,,,, Logitech and LVMH On Tuesday, data distribution will include the latest French consumer confidence data and Spain’s unemployment rate.
-Holly Ellyatt
