Frankfurt, Germany, Jan 29, 2026 (AFP) - German software giant SAP's shares plunge on AI worries

NAMPA / AFP
2026-01-29
Shares in the German software giant SAP suffered their biggest one-day drop in five years Thursday after disappointing earnings, extending a months-long slide driven by fears that AI could disrupt its business. Shares in Germany's most valuable listed company fell as much as 16 percent on the Frankfurt Stock Exchange to around 164 euros ($196), the steepest one-day decline since October 2020. Close to 150 billion euros has been wiped off the busi......
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WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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OTJIWARONGO, 30 January 2026 - More than 150 school principals, teachers and learners from across the Otjozondjupa Region on Friday gathered at Otjiwarongo to launch their 2026 education academic year. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - More than 150 school principals, teachers and learners from across the Otjozondjupa Region on Friday gathered at Otjiwarongo to launch their 2026 education academic year. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

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WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

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