SAP slashes outlook; Eurozone slowdown fears mount - what's moving markets

Tech Rally Faces Major Test Next Week as 'FAAMG' Earnings Loom

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📚 Daily Digest  |  Friday, Apr 21, 2023     Tesla shares drop sharply   © Reuters. By Scott Kanowsky Investing.com -- SAP cuts its outlook after the divestment of its Qualtrics unit, while the balance of European business activity tips towards services and Tesla shares drop sharply. Read More     Today's Top News Stock Markets SAP outlook cut, but shares rise on strong cloud revenue growth Software company SAP SE (NYSE:SAP) is trading over 1% higher premarket Friday, despite the company slashing its outlook to account for the divestment of its subsidiary Qualtrics and missing profit expectations for the first quarter. Stock Markets 5 big analyst picks & cuts: Tesla stock slapped with Sell rating | Pro Recap Here is your daily Pro Recap of the biggest analyst picks and cuts you may have missed since yesterday: upgrades at GE, SeaWorld, and XPO, while ratings at Tesla and Hewlett Packard Enterprises were slashed. Stock Markets Tesla, Procter & Gamble and HCA rise premarket; SQM falls Stocks in focus in premarket trade on Friday, April 21st. Please refresh for updates. Stock Markets 6 big earnings reports: Tesla drops on Q1 flop, Netflix misses outlook | Pro Recap Here is your Pro Recap of the biggest earnings reports you may have missed this week: a big miss for Tesla; strong numbers at J&J and IBM; and disappointments at Netflix, Goldman and Morgan Stanley. Read More News »   This Week's Big Earnings Winners   Huge announcements from Tesla and Netflix this week. Here's what they could mean for the market.   See Recap     Today's Top Analysis     Apr 21, 2023 by Jesse Cohen Tech Rally Faces Major Test Next Week as 'FAAMG' Earnings Loom   by Jesse Cohen  |   Apr 21, 2023   Apr 21, 2023 by Lance Roberts Receding Inflation Isn't as Bullish as Some May Think   by Lance Roberts  |   Apr 21, 2023   Apr 21, 2023 by Lance Roberts Non-U.S. Markets to Offer Opportunities as Long as Dollar Keeps Dropping   by Lance Roberts  |   Apr 21, 2023 Read More Analysis »

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