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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 233 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 681 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

Lunar Eclipse 2025 India to Witness Blood Moon While US Relies on Live Stream

India Suspends Indus Treaty, SAARC Visas, and Expels Diplomats After Pahalgam Terror Attack

San Francisco opens Cityside Park with stunning views on Treasure Island

Skydivers Gather In Illinois To Attempt World Record With 200 Person Formation

South Shore trains halted in Gary after pedestrian struck

Airbus software glitch grounds A320 jets worldwide, disrupting peak travel

Japan issues tsunami alert after powerful 7.6 earthquake strikes Misawa region

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

Thanksgiving travel surges as millions of Texans face heavy traffic and airport delays

US–Israel–Iran War | Operation Epic Fury may cost US economy $210 billion amid Iran war

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Lunar Eclipse 2025 India to Witness Blood Moon While US Relies on Live Stream

India Suspends Indus Treaty, SAARC Visas, and Expels Diplomats After Pahalgam Terror Attack

San Francisco opens Cityside Park with stunning views on Treasure Island

Skydivers Gather In Illinois To Attempt World Record With 200 Person Formation

South Shore trains halted in Gary after pedestrian struck

Airbus software glitch grounds A320 jets worldwide, disrupting peak travel

Japan issues tsunami alert after powerful 7.6 earthquake strikes Misawa region

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

Thanksgiving travel surges as millions of Texans face heavy traffic and airport delays

US–Israel–Iran War | Operation Epic Fury may cost US economy $210 billion amid Iran war

#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

Lunar Eclipse 2025 India to Witness Blood Moon While US Relies on Live Stream

India Suspends Indus Treaty, SAARC Visas, and Expels Diplomats After Pahalgam Terror Attack

San Francisco opens Cityside Park with stunning views on Treasure Island

Skydivers Gather In Illinois To Attempt World Record With 200 Person Formation

South Shore trains halted in Gary after pedestrian struck

Airbus software glitch grounds A320 jets worldwide, disrupting peak travel

Japan issues tsunami alert after powerful 7.6 earthquake strikes Misawa region

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

Thanksgiving travel surges as millions of Texans face heavy traffic and airport delays

US–Israel–Iran War | Operation Epic Fury may cost US economy $210 billion amid Iran war

Popular Cities