SAP shares climbed 1% at the open on Monday, adding to a 2.5% gain recorded on Friday.

The German enterprise software giant is among the few DAX components showing sustained momentum, marking a tentative shift in market sentiment toward the sector.

The publication noted that Klein faces intense scrutiny in interviews and on stage, with the central question remaining whether AI will destroy or transform SAP's core offerings.

The price action suggests a reversal in the recent downward trend that had plagued software stocks.

Investors appear to be staging a comeback for the sector, signaling growing confidence in the tech industry's resilience despite ongoing concerns about artificial intelligence disruption.

German business magazine Wiwo highlighted the pressure on SAP CEO Christian Klein to address whether AI poses an existential threat to the company's business model.

The publication noted that Klein faces intense scrutiny in interviews and on stage, with the central question remaining whether AI will destroy or transform SAP's core offerings.