SAP

SAP

Market cap $316B

Oracle, Apple, and Amphenol were among the portfolio's top contributors for the quarter, appreciating +28.91%, +24.25%, and +25.49%, respectively. Alternatively, Intuit, Salesforce, and SAP detracted from performance, declining -13.18%, -12.94%, and -12.13%, respectively. Intuit's shares came under pressure during the quarter as investors grew concerned that autonomous AI agents could weaken the competitive position of traditional software-as-a-service providers.

Apple shares rebounded in Ǫ3 2025 as investor concerns over both tariffs and the early adoption of its generative AI product, Apple Intelligence, eased. NVIDIA continues to benefit from the AI infrastructure build-out as hyperscale technology companies race toward artificial general intelligence. Moody's stock declined for the quarter on concerns of a growing AI arms race among competitors.

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Boomi, the leader in AI-driven automation, today announced the general availability of native Change Data Capture (CDC) ingestion for SAP data. Available globally today, the new capability enables enterprise teams to securely ingest data from SAP ECC, S/4HANA, and SAP Business Warehouse (BW) into any cloud data lake or warehouse without writing a single line of code. By making critical SAP data instantly accessible across the entire organization, this launch.

QKS Group introduces a strategic research framework on AI maturity in process intelligence, with SAP Signavio named the Most Valuable Pioneer (MVP) for its leadership in AI-powered transformation. QKS Group introduces a strategic research framework on AI maturity in process intelligence, with SAP Signavio named the Most Valuable Pioneer (MVP) for its leadership in AI-powered transformation.

THE WOODLANDS, Texas--(BUSINESS WIRE)--Strada achieves triple SAP certification, highlighting its global SAP capabilities in delivering seamless, scalable HR transformation for customers.

LOS ANGELES , Oct. 6, 2025 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) today announced it received an SAP® Global Finance and Spend Management Award for Partner Excellence 2025 for Partner Solution Success. Awards were presented by SAP (NYSE: SAP) to top-performing partners for outstanding contributions related to Finance and Spend Management solutions.

The U.S. Supreme Court declined on Monday to hear a bid by Europe's largest software maker SAP to avoid a lawsuit by U.S. data technology company Teradata that accused it of violating American antitrust law.

SAP reimagines enterprise AI with role-based assistants in Joule that coordinate agents across lines of business LAS VEGAS , Oct. 6, 2025 /PRNewswire/ -- At its inaugural SAP Connect event, SAP SE (NYSE: SAP) showcases how the integration of AI, data and applications creates unparalleled business value. These breakthroughs – including a new network of role-based assistants in Joule that partner with humans to elevate performance, an expanding data ecosystem that drives deeper insights, and supply chain software that anticipates disruptions – once again revolutionize how business gets done.

MONTRÉAL, Oct. 6, 2025 /PRNewswire/ - Coveo (TSX: CVO), the leader in AI-Relevance, delivering best-in-class AI-search and generative experiences that maximize business outcomes at every point-of-experience, today announced it received an SAP® Global SAP Customer Experience Award for Partner Excellence 2025 for Partner Solution Success. Awards were presented by SAP (NYSE: SAP) to top-performing partners for outstanding contributions related to SAP Customer Experience solutions.

THE WOODLANDS, Texas--(BUSINESS WIRE)--Strada achieves triple SAP certification, highlighting its global SAP capabilities in delivering seamless, scalable HR transformation for customers.