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Oracle Wins $7 Billion Defense Contract as Stock Pops

Oracle has officially secured a massive ten-year Department of War contract valued at up to $6.99 billion, starting with a base value of $3.31 billion. Following the announcement, post-market shares of $ORCL rose 2 percent. While the Seeking Alpha Quant rating currently sits at a Hold due to balanced valuation metrics, the company continues to ...

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