Araverus Team|Thursday, January 29, 2026 at 4:45 PM
Araverus Team
Jan 29, 2026 · 4:45 PM
Cloud Backlog · Sales Guidance · SAP · Stock Slump
SAP shares fell over 10% after the company reported a cloud backlog and disappointing sales guidance, leading to significant market value loss since its peak.
The tech giant reported higher-than-expected spending on AI infrastructure while growth in its closely watched cloud business slowed.
Shares fell as investors digested a first look at the German arms maker’s forecasts for this year, which came below market expectations.
Shares fell after the company’s revenue missed market expectations, dragged by a poor performance in Turkey.
