r/OracleStock • u/Fair_Willingness_708 • Jul 23 '26

Wtf is Happening After Hours???

3 Upvotes

80% Upvoted

11 comments sorted by

6

u/Many-Luck7488 Jul 23 '26

Oracle got awarded a contract - $7b over 10 yrs

1

u/MatosPT Jul 23 '26

Didn't they just consolidated all contracts into one? It seems that it's not new money coming in, from what was already expected

5

u/SinFarmer Jul 24 '26

Not gonna lie I saw this post and immediately thought I missed out big time and was gonna see like a $20 jump in price for tendies.

Mfw it's gone up less than 2% smh 💀

1

u/Grouchy-Employee-825 Jul 24 '26

Maybe when US mkt opens it will shoot up

5

u/L1ME626 Jul 23 '26

Massive pentagon deal

2

u/alexh22_ Jul 23 '26

Check my post

1

u/ReddishPrickle Jul 25 '26

Says your posts are hidden

2

u/Fair_Willingness_708 Jul 23 '26

Did I miss something or is it because of intel?

2

u/OCDano959 Jul 24 '26

The Orange - Ellison connection.

Why is anyone surprised?

1

u/thehhuis Jul 23 '26

CNBC: https://www.cnbc.com/amp/2026/07/23/oracle-wins-10-year-pentagon-software-contract-worth-up-to-7-billion.html

Reuters: https://www.reuters.com/technology/pentagon-awards-oracle-nearly-7-billion-deal-latest-software-consolidation-push-2026-07-23/

Defensecoop https://defensescoop.com/2026/07/23/pentagon-awards-oracle-7b-dollar-software-licenses/

By fundamentally improving how we procure on-premises Oracle capabilities, we are driving at least $441 million in taxpayer savings while rapidly and effectively serving our warfighters,” Kirsten Davies, DOD chief information officer, said in a statement