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SAP shares slide after cloud backlog growth misses expectations in fourth quarter

Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t

Stock Market

29 Jan 2026 11:57 AM 335 views

SAP shares slide after cloud backlog growth misses expectations in fourth quarter

Stock Market

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

Microsoft is reportedly preparing for another round of job cuts, with the Xbox division expected to bear the brunt of this restructuring. This move, anticipated to be announced early next week, marks what is set to be the fourth major layoff at the company in the past 18 months. The layoffs are part of a broader effort to reorganize Microsoft as the company approaches the end of its fiscal year on June 30, 2025. Acco

Workplace Insights

25 Jun 2025 02:23 AM 753 views

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

Workplace Insights

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#cloudservices

SAP shares slide after cloud backlog growth misses expectations in fourth quarter

SAP shares slide after cloud backlog growth misses expectations in fourth quarter

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

AI-powered app aims to spot ALS symptoms before it’s too late

Kentucky man wins $551K lottery prize after grandson’s advice

Widespread Power Outage in Northwest D.C. Disrupts Hundreds, Restoration Underway

Navigating the Seas of Digital Marketing: A Guide to Success

Sourav Ganguly Files Police Complaint Over Fake Social Media Posts

Pakistan Gurdwara Shooting Leaves Sikh Couple Dead In Mardan

Jaya Kishori Urges Youth to Experience Peace and Bliss at Maha Kumbh 2025

How did Dr. Rajkumar influence Kannada cinema and earn top honors?

Russian army dissent claims raise tension over Ukraine war

China Shenlong mission sparks debate after object release

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AI-powered app aims to spot ALS symptoms before it’s too late

Kentucky man wins $551K lottery prize after grandson’s advice

Widespread Power Outage in Northwest D.C. Disrupts Hundreds, Restoration Underway

Navigating the Seas of Digital Marketing: A Guide to Success

Sourav Ganguly Files Police Complaint Over Fake Social Media Posts

Pakistan Gurdwara Shooting Leaves Sikh Couple Dead In Mardan

Jaya Kishori Urges Youth to Experience Peace and Bliss at Maha Kumbh 2025

How did Dr. Rajkumar influence Kannada cinema and earn top honors?

Russian army dissent claims raise tension over Ukraine war

China Shenlong mission sparks debate after object release

#cloudservices

SAP shares slide after cloud backlog growth misses expectations in fourth quarter

SAP shares slide after cloud backlog growth misses expectations in fourth quarter

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring

AI-powered app aims to spot ALS symptoms before it’s too late

Kentucky man wins $551K lottery prize after grandson’s advice

Widespread Power Outage in Northwest D.C. Disrupts Hundreds, Restoration Underway

Navigating the Seas of Digital Marketing: A Guide to Success

Sourav Ganguly Files Police Complaint Over Fake Social Media Posts

Pakistan Gurdwara Shooting Leaves Sikh Couple Dead In Mardan

Jaya Kishori Urges Youth to Experience Peace and Bliss at Maha Kumbh 2025

How did Dr. Rajkumar influence Kannada cinema and earn top honors?

Russian army dissent claims raise tension over Ukraine war

China Shenlong mission sparks debate after object release

Popular Cities