Scherbaum's Stock Exchange: SAP Struggles with AI Fear
SAP's market capitalisation has plummeted by over 40 billion euros amid fears regarding the impact of artificial intelligence on the job market, prompting company insiders to buy back shares in a move that could be a potential opportunity.
SAP, a leading German software company, has suffered a significant drop in its market capitalisation, losing over 40 billion euros and losing its status as a market leader to Siemens. This downturn has given rise to speculation among investors and analysts about the future viability of SAP in the evolving landscape of artificial intelligence (AI). As AI continues to revolutionise various sectors, including software and data management, concerns have emerged about which companies may be adversely affected by the increasing integration of AI technology. As a result of these fears, some SAP insiders have begun to purchase their own company's shares, raising questions about whether this is a strategic move or a miscalculation.