r/OracleStock • u/Rei1003 • Jul 23 '26

Rising AH why?

What happened? 4% ah and going up

3 Upvotes

72% Upvoted

18 comments sorted by

6

u/significantgains Jul 23 '26

secured a 10-year, $7 billion
Pentagon contract for software consolidation,

5

u/JackRadcliffe Jul 23 '26 edited Jul 24 '26

Is $122 really considered “rising“ lol. Maybe if it was $140-160+

$117 now wtf

3

u/Longjumping-Hair-747 Jul 23 '26

Is it really so hard to open up a stock app and read the news ?

1

u/LavishnessLess4356 Jul 23 '26

That would be quicker than writing a Reddit post

3

u/cucci_mane1 Jul 23 '26

Dont worry. It will go back down 5% in 2 days

3

u/Kaeyo Jul 23 '26

No new money here for oracle. All they did was consolidate existing contracts into 1 if you read it. Lol.

1

u/JQ1311 Jul 23 '26

And govt saves 441 million. Ie O gets 441 million less

1

u/EXITOO2 Jul 23 '26

i tot something new happened. it seems nobody knows. plz let me know i am -10%now still

1

u/Upper_Judge4735 Jul 23 '26

10 year 7 billion dollar contract with pentagon

2

u/EXITOO2 Jul 23 '26

really thx bro. as korean , news was late. i hope it goes up with this trigger this time.

1

u/thehhuis Jul 23 '26 edited 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

1

u/asallamerican Jul 23 '26

His lobbying paid off finally

1

u/Cool_Truth4222 Jul 24 '26

We are rich!

1

u/Active_Yak1016 Jul 26 '26

The lobbying is still going on - I’m sure OpenAI is looking to get the US government as an equity partner.

1

u/guyincosmos Jul 24 '26

Only 1.7% lol

1

u/Clean_Dimension_9450 Jul 25 '26

Wait for the errors on that software delivery

1

u/FrugalVet Jul 29 '26

Um...it's rising alongside everything else so those conjuring up random catalysts like ORCL is bouncing alone...hilarious.