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Oracle shares slide
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Shares of Oracle (NYSE:ORCL) are down 10% to $182.25 in early trading Thursday, following the company’s Q4 FY2026 earnings report released after the bell Wednesday. The slide is dragging on cloud and enterprise software names,
The 10-year deal will replace more than 100 separate agency HR systems with a single cloud-based platform serving roughly 2 million federal employees
By Courtney Rozen WASHINGTON, June 10 (Reuters) - President Donald Trump's administration has awarded Oracle a contract to provide a U.S. government-wide HR platform, according to a statement, making the company a partner in its effort to overhaul federal technology systems.
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Trump’s long-time supporter Larry Ellison’s Oracle gets contract for US government-wide HR platform
The US government is consolidating over 100 HR systems into one platform. Oracle secured a 10-year contract worth nearly $400 million to build this new system. The platform will manage core HR functions,
Oracle beat Wall Street expectations on revenue and profit, but investors balked at a new $40 billion financing plan for its AI buildout
Today, June 11, 2026, investors weigh surging AI build-out costs against rapid cloud growth and resilient Wall Street optimism.
Unsure which HR software is the best choice for your business? Learn the key differences between SAP and Oracle, and find out which one is the best fit for your specific needs. When it comes to HR software for large and enterprise businesses, Oracle and ...
Up 1 hour ago Live That wraps up our initial coverage of Oracle’s Q4 results. Thank you for stopping by! Check out management’s earnings call at 5 PM ET for more updates. Oracle's Massive $638B Backlog Includes $75B of Customer Prepayments and GPUs 1 hour ago Live Management disclosed
WASHINGTON, June 10 (Reuters) - Oracle won a contract to provide an HR platform for agencies across the U.S. government, according to a Trump administration statement. Oracle will provide a cloud-based HR platform to replace agencies' individual systems,
