Oracle (ORCL) Stock Rises on $88 Million U.S. Air Force Contract

TLDR Oracle (ORCL) stock turned positive Wednesday following an $88 million cloud contract award from the U.S. Air Force The firm-fixed price deal extends through December 2028 for Oracle Cloud Infrastructure services supporting Cloud One Shares had declined recently on revenue growth concerns even as Q2 cloud revenue surged 34% to $8 billion The agreement [...]

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