SAP News & Events

The major averages were broadly lower near noon despite an upbeat quarterly report from Nvidia. The market's tepid reaction suggests that confidence in the broader AI narrative remains far from unanimous.Mixed results from other major technology and software companies added complexity to the dashboard as weak guidance from some key SaaS names pulled back parts of the sector and is weighing on overall sentiment.Looking to commodities, gold was fractionally lower as the asset continues to experience a volatile 2026, while oil was sharply higher following EIA natural gas storage data.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiareportedand provided upbeat Q1 revenue guidanceSalesforcereportedand provided its outlook for Q1 and FY27Warner Bros. Discoveryreported, adding that HBO Max is "well on its way" to over 150M subscribersParamount Skydancereported aand reiterated its FY26 revenue guidanceSnowflakereportedand provided Q1 product revenue guidance2. WALL STREET CALLS:Joby Aviationto Buy at H.C. WainwrightSpotifyto Buy at AreteFirst Solarto Hold at Deutsche Bank after "disappointing" Q4Oddityto Underperform at BofA and downgraded to Underweight at BarclaysMosaicto Underweight at JPMorgan3. AROUND THE WEB:eBayis cutting 6% of its full-time employees, or roughly 800 jobs, as the company feels the layoffs are needed to align its workforce with strategic priorities, Bloomberg reportsSAP'sinvestors and partners are raising doubts related to a suite of AI products the company is relying on to reignite growth and stay ahead of competition, Bloomberg saysMeta'suse of AI to moderate its social media platforms has generated large volumes of useless reports on cases of child sexual abuse, which are hindering investigations at the U.S. Internet Crimes Against Children, ICAC, taskforce, The Guardian reportsPayPalisn't currently in talks to sell itself to Stripe or anyone else and has been working for months with bankers to prepare for a potential activist campaign or unwanted takeover bid, Semafor saysJehoshaphat Research announced that it is short GPGI4. MOVERS:Krispy Kremeincreases afterand providing guidance for FY26Butterfly Networkgains afterand providing guidance for FY26Novavaxand Sezzlehigher in New York afterArray Technologiesfalls after, with EPS missing consensusEose Energylower afterand providing guidance for FY265. EARNINGS/GUIDANCE:Perrigo, with EPS and revenue lower year-over-yearLiberty Formula One, with CEO Derek Chang commenting on "an exceptional and productive year for Liberty"Hertzand provided guidance for Q1Standard Motor, with EPS beating consensusEmcorand provided guidance for FY26INDEXES:Near midday, the Dow was down 0.30%, or 148.32, to 49,333.83, the Nasdaq was down 1.63%, or 378.47, to 22,773.61, and the S&P 500 was down 0.95%, or 65.67, to 6,880.46.

In a regulatory filing, the company states: "As previously disclosed, including most recently in Part II, Item 1 of Teradata Corporation's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, Teradata has been involved in several litigation proceedings against SAP SE, SAP America, Inc., and SAP Labs, LLC. On February 19, 20 with SAP, pursuant to which the Parties have agreed, among other things, to (i) resolve all past and pending litigation between the Parties, including the Litigation and (ii) mutual releases of all claims and liabilities asserted or that could have been asserted in the Litigation. As a result of the Settlement Agreement, Teradata will receive a gross payment of $480 million (the "Settlement Amount") no later than 60 days after the Effective Date. Upon Teradata's receipt of the Settlement Amount, the Parties will request that the court dismiss all claims, defenses and counterclaims with prejudice. Teradata believes that the net cash benefit of the Settlement Amount after associated fees and expenses, including a customary contingent fee arrangement and other outstanding legal fees incurred in connection with the Litigation, will be in the range of approximately $355-$362 million before taxes. Teradata is currently evaluating the appropriate use of the Net Proceeds and will provide an update on its 2026 first quarter earnings call."