SAP Drops 4% on JPMorgan Downgrade, Target Price Slashed

SAP ADR shares fell 4% to $171.00 after JPMorgan downgraded the stock to Neutral from Overweight and slashed its target price to 175 euros from 260 euros, citing concerns over slowing cloud backlog growth as the migration customer base matures, making future earnings reacceleration uncertain.

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JP Morgan's New Tech Monitors Employee's Keystrokes and Meetings. The Bank Says It’s for Their Wellbeing

The software will compare the junior employees' computer activity to their reported hours.

Rohan Paul (@rohanpaul_ai) on X

JPMorgan CEO Jamie Dimon: "AI could create a 4-day work week We use AI to for calculating risk, marketing, underwriting, note-taking, ad generation, error reporting, reducing errors, and there are 600 use cases, 50 I'd put in the important category."

Hyperliquid oil volume booming thanks to war in Middle East: JPMorgan

Round-the-clock oil trading on Hyperliquid is drawing investors beyond crypto as geopolitical shocks expose gaps in traditional markets, the bank said.

JP Morgan Chase to use computer estimates to monitor hours worked by junior bankers

Company says tool to compare self-reported hours with computer estimates is for ‘awareness, not enforcement’

US moves to soften capital rules: ‘Big banks can declare mission accomplished’

Fed officials expected to lower capital requirements for banks such as Goldman Sachs and JPMorgan Chase by 4.8%