German DAX climbs above 25,400 as US‑Iran ceasefire eases oil prices

Claims

What the coverage asserts, and how many sources carry each claim.

• [● 3 SOURCES] SAP shares closed at €140.80, up about 9.15% after the earnings release.
• [● 2 SOURCES] DZ Bank and Evercore ISI cut their price targets for SAP after the earnings announcement.
• [● 2 SOURCES] The German DAX index closed at 24,763 points, below the 25,000‑point level.
• [● 3 SOURCES] SAP's Current Cloud Backlog increased by 27% to €22.9 billion for Q2 2026.
• [● 3 SOURCES] SAP lowered its 2026 non‑IFRS operating‑profit guidance to €11.8‑12.2 billion.
• [● 3 SOURCES] SAP's total revenue grew 9 % to €9.88 billion in Q2 2026.
• [○ 1 SOURCE] The European Central Bank decided to pause further interest‑rate hikes.
• [○ 1 SOURCE] Oil prices rose to their highest level in more than six weeks, influencing market sentiment.
• [● 2 SOURCES] SAP's share-price rise gave a boost to the German DAX index.
• [● 2 SOURCES] Most market forecasts expect the U.S. Federal Reserve to keep interest rates unchanged at its upcoming meeting.
• [○ 1 SOURCE] German gas prices dropped about 9 percent.
• [● 3 SOURCES] Brent crude fell below $90 per barrel.