SAP falls as ServiceNow outlook rekindles AI disruption debate in software

SAP SE

Thu 07:41

** Shares in SAP SAPG.DE slide 3% in early trade
** Analysts point to a read-across from ServiceNow NOW.N and Fortinet's FTNT.O results 
** "Both beat and raise, but Q4 guides seen as very underwhelming," Berenberg's analyst Nay Soe Naing says
** Shares of ServiceNow fell 14.4% to $129.25 in extended trading
** ServiceNow's results again sparked debate about AI disruption in software, Metzler's analyst Oliver Frey says 
** Frey adds that all application software vendors should have "a rough day" ahead
** Shares in Nemetschek NEKG.DE and Teamviewer TMV.DE down 2%-3%




 (Reporting by Paolo Laudani in Gdansk)
 ((Paolo.laudani@thomsonreuters.com))