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SAP falls as ServiceNow outlook rekindles AI disruption debate in software

By Reuters News

** 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%

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