On Friday, the U.S. Air Force handed Oracle America Inc. a firm-fixed-price task order worth $88,112,197 under its Cloud One program. The work is slated to continue through Dec. 7, 2028, according to a government announcement.
I keep seeing news of them landing big companies like IHG, Saudi Heath Cloud deal, Bank of Valletta, Etc.
Also potential blackstone funding the build out.
Am I missing something or this is going to keep going down? Microsoft got beat on great earnings because of their higher than expected capex.
[ https://ts2.tech/en/oracle-stock-price-drops-again-as-ai-fears-weigh-air-force-cloud-order-lands/ ](https://ts2.tech/en/oracle-stock-price-drops-again-as-ai-fears-weigh-air-force-cloud-order-lands/)