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SAP's performance is driven by its strengthening cloud business. Global macroeconomic weakness and tough competition in the cloud space are concerning.

Proceeds to support corporate initiatives including bitcoin acquisitions and working capital.

The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance.

The Nasdaq has rebooted in the past month thanks to favorable developments on the tariff front. TSMC and The Trade Desk have both soared impressively and have the potential to jump even higher. The tech-laden Nasdaq Composite index has been under pressure this year and is slightly in the red as of this writing.

Bitcoin hit a new record high of more than $111,800 around midnight ET Thursday, lifting shares of cryptocurrency-related firms.

The company posted sales growth in every region, with Europe up 12% and China up more than 20%.

(Reuters) -Ralph Lauren forecast tepid annual sales on Thursday and said it was weighing price increases, as the Trump administration's steep tariffs start to pressure consumer spending and margins. The company still beat fourth-quarter estimates for revenue and profit, thanks in part to increased marketing and investments in brands such as Polo and Purple Label, sending its shares about 2% higher in early trade. "We are assessing additional pricing actions for full-year 2025 and spring of 2026 to mitigate the potential impact of evolving tariffs," said CEO Patrice Louvet on a post-earnings call.

Investing.com -- In a note on Thursday, Capital Economics raised its forecast for the S&P 500, now projecting the index to reach 7,000 by the end of 2026, citing easing trade tensions and improved market conditions.

NEW YORK (Reuters) -Buyers of President Trump’s meme coin are converging from around the globe on Thursday for an exclusive dinner at his private country club, overlooking the Potomac River, just outside the nation’s capital. Among those who will be in attendance is China-born crypto entrepreneur Justin Sun, who won first place in the dinner contest with his $18.5 million wallet, and who is also the largest publicly known investor and an adviser to World Liberty Financial, the Trump family's crypto platform, which has made them hundreds of millions of dollars. On Wednesday, Sun posted a video of himself visiting the Executive Office Building, next to the White House.

With a pause on Chinese tariffs bringing them down from 145%, the U.S. might see reduced prices on some things. Find out what may be more affordable for now.