SAP shares set for biggest daily drop since 2020
Gadget-uri
MILAN, Jan 29 : Shares in Europe's largest software maker SAP were set for their steepest daily fall since October 2020 on Thursday, down over 10 per cent after results failed to stem a slide that has wiped around $150 billion off its market value from its 2025 peak. The German group reported fourth-quarter revenue that met market estimates, though its cloud backlog and 2026 cloud revenue forecast missed expectations. "SAP needed an all-round acceleration to fight the trough sector sentiment,
astăzi