Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.
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Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...
A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday. The Joint ...
Since Oracle Corp. stunned investors last month with its massive artificial-intelligence pipeline, shares of the company have pulled back from their peak as questions emerge about how the company will ...
The Department of Defense has invited four hyperscale cloud providers to bid on its Joint Warfighting Cloud Capability contract. If awarded spots on the IDIQ contract, those providers would then ...
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure. The Air Force has added another major cloud service provider ...
The Department of Defense has awarded Amazon’s (Nasdaq: AMZN) cloud computing business, Google, Microsoft (Nasdaq: MSFT) and Oracle (NYSE: ORCL) positions on the Joint Warfighting Cloud Capability ...