Oracle Stock Stays Down 65% Despite $7B Pentagon Deal
The five-year contract could run to 10 years and may save taxpayers at least $441 million, officials said.
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Consumer Tech (July 20-24): AI Boom Drives Big Tech Earnings, Oracle Grabs $7B Defense Deal & More
Oracle, Salesforce, Nvidia and leading technology companies announce major AI, cloud, defense and semiconductor developments shaping the future of enterprise innovation.
Oracle Stock Stays Down 65% Despite $7B Pentagon Deal
Oracle stock gained about 2.5% in extended trading after the Pentagon awarded the company an enterprise software agreement worth up to $6.99 billion. The initial reaction reflects the scale and strategic value of the contract, which could run for ten years and cover military branches, the intelligence community, and the U.S. Coast Guard. The recovery still leaves ORCL near $120, roughly 65% below its September 2025 intraday high of $345.72. That…
Oracle (NYSE: ORCL) Secures $7 Billion Pentagon Deal But Investors Remain Cautious Over Mounting Debt
Oracle (NYSE: ORCL) landed a 10-year, nearly $7 billion contract with the U.S. Department of Defense on July 23, yet the stock’s muted reaction tells the more important story. Shares rose only around 2% to 3% in extended trading following the announcement, a modest gain for a deal of this magnitude. The Pentagon awarded Oracle an Indefinite Delivery/Indefinite Quantity contract covering on-premises software across every military branch, the Coas…
Oracle shares drop by around $14.5 billion even after Pentagon contract win
NEW YORK, July 26, 2026, 13:06 EDT Oracle finished Friday's session at $114.99, dropping 4.2%. Shares declined 9.0% for the week. (Oracle Investor Relations) The Pentagon deal includes a $3.31 billion base value with a maximum ceiling of $6.99 billion. (Oracle) Early estimates indicate that Friday's drop in equity value was close to $14.5 billion,…
Oracle wins $7B Pentagon contract amid stock decline, raising questions about tech sector valuations
Oracle secured a $6.99 billion Pentagon contract consolidating defense software licenses, yet shares kept falling from June highs near $248 to The post Oracle wins $7B Pentagon contract amid stock decline, raising questions about tech sector valuations appeared first on Crypto Briefing.
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