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Oracle stock drops despite $88 million Air Force cloud award as investors look to a busy week ahead
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Oracle stock drops despite $88 million Air Force cloud award as investors look to a busy week ahead
NEW YORK, Feb 1, 2026, 11:42 ET — The market has closed. Oracle shares fell 2.6% on Friday, ending the day at $164.58 despite a U.S. government update revealing new Air Force contracts for its cloud division. In after-hours trading, the stock slipped slightly to $164.03. (Source: https://stockanalysis.com/stocks/orcl/) The Air Force handed Oracle America Inc. an $88,112,197 task order tied to the Cloud One program, according to the notice. The c…
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