Equity Monday: SAP’s warning, and IPO updates for both Airbnb and Databricks
This was a busy morning, with lots to talk about it. Here’s what we got into: Headlines this morning that caught our eye included falling global stock markets in the wake of rising COVID-19 cases; SAP torched tens of billions of market cap by missing earnings expectations and cutting its forecast; and Ant Group will raise a bajillion dollars in its impending IPO.