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Event Brief

SAP Faces Largest Drop in Five Years Over Cloud Concerns

SAP shares plummet 15% as cloud backlog growth is set to decelerate.
WHO: SAP
WHAT: Shares fall 15% due to cloud business concerns
WHEN: Jan 29, 2026 at 6:22 AM ET
WHERE: Europe
WHY: Cloud backlog growth will slightly decelerate
Sources (1): Financial Times

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