SAP extends lead as Europe’s most valuable company after earnings beat - MarketWatch
1. SAP stock surged by 11%, marking the largest rise in six years. 2. SAP's market cap reached around $320 billion, leading Europe. 3. The company beat profit forecasts by 11%, despite lower cloud growth. 4. Analysts praised SAP's resilience and reiterated financial targets. 5. CEO Klein expressed confidence in a solid business pipeline.