Dynamics revenue growth by 19 percent for the fourth quarter June 30, up 12 percent in constant currency. Microsoft this week attributed the result to “lower-than-expected growth in new business even as our cloud growth continues to outpace the market.”

You know it’s been a bad day if you see a sign saying, “If you see anything suspicious report it” and your photograph is posted next to it.

 Cloud revenue for SAP rose by 34 percent—24 percent in constant currency—to about $3.12 billion for the second quarter ended June 30. That represented an increasing portion of total revenue, which reached $7.69 billion for the most recently ended period, up 13 percent over a year ago, 5 percent in constant currency.