SAP and the Eurozone's Tech Lag

Watching $SAP today, up over 1.5% to 183.62, it's a decent move but still feels like Europe's tech sector is playing catch-up compared to the US. We've seen a lot of enthusiasm for AI, sure, but the underlying economic data from the Eurozone often feels like a drag on these companies.

My watchlist is heavily weighted towards US big tech for now, even with their already high valuations. Until we see clearer signs of sustained economic strength or a more aggressive push towards innovation funding in Europe, companies like SAP, while solid, might struggle to maintain the kind of growth multiples their American counterparts command.