Just five months after the exaggeration of ASML, the German software giant SAP Novo Nordisk has overtaken to become the most valuable company in Europe.
SAP's shares rose by 1.6% on Monday and brought their market capitalization to EUR 313 billion. That was just enough to put the Danish weight loss drug maker Novo from the top point.
The SAP share increased by more than 40% last year, since the demand for its AI-controlled company resource planning software (ERP) (ERP) was included. The cloud-based software centered business data and enables several departments to access information and to exchange it.
In contrast, Novo has a harder time on the stock exchange. Novo's flagship product is Ozempic, A Weight loss medication Responsible by prominent and ultra-rich, including Elon Muschus. Studies on the latest weight loss therapy of the company, but Cagrisema did not create the same excitement. TThe drug was shown less effective As expected, what caused the shares to drop 50% from their 2024 high.
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Novo is not the only company that feels the effects of the SAP stocks rally. In October, the Rode ASML software company overtook to become the most valuable technology company in Europe.
ASML, based in Eindhoven, the Netherlands, produces the chip makeing devices for most of the world's largest semiconductor companies. The Dutch company has become a favorite as the only company that produces the EUV lithographic machines that are necessary to produce the most advanced computer chips in the world.
ASMLS stocks plunged dramatically In October in October in October, EUR 50 billion is deleted from its market capitalization in one fell swoop.
After the Dutch company stated, the leap did not receive the expected number of orders for its lithographic machines and expected less net sales for 2025 than previously estimated.
This message also triggered A Global sale At chip shares, as investors feared that demand could be stalled. However, Analysts It quickly points out that weak orders from ASML were more of a sign that chip manufacturers were chips as a long -term problem.
Since then, the shares of ASML has increased, increased and increased again. In January, the stocks rose by up to 12% – the largest increase in almost five years – – After an increase in order bookings. The company is currently the fourth most valuable in Europe, with the LVMH based in Paris in third place behind SAP and Novo.
The changing assets of the largest companies in Europe reflects the volatility of today's global markets. In the past few months, the share prices have been fluctuated by fluctuating interest rates, geopolitical tensions and new technological developments.
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