European software, data stocks slip after Google expands Gemini to legal use

SAP SE

25/08/2026 14:13

** European software and data companies fall after Alphabet's Google GOOGL.O expanded its Gemini Enterprise AI platform with new tools for lawyers and law firms, which might impact the competitive landscape
** French corporate services firm Capgemini CAPP.PA and Amsterdam-listed software maker Wolters Kluwer WLSNc.AS fall the most, 3.3% and 4.2%, respectively
** A trader says the announcement may create some competitive overlap, but flags Gemini lacks proprietary access to deep, verified case-law databases and regulatory archives
** "Google's legal plug-ins actively connect Gemini to existing legal industry software and databases rather than replacing them," the trader says, adding admin automation and workflow saturation might be the most impacted areas
** Other names in the sphere, Planisware PLNW.PA, TeamViewer TMV.DE, Dassault Systemes DAST.PA, SAP SAPG.DE and Sopra Steria SOPR.PA, edge down between 1% and 1.5%

(Reporting by Ozan Ergenay and Samuel Indyk)
((ozan.ergenay@thomsonreuters.com))