Oracle stock price heads into Monday after $88 million Air Force cloud award and fresh AI product push
Oracle shares fell 2.6% Friday to $164.58, slipping further after hours, despite securing an $88.1 million U.S. Air Force cloud contract. The Nasdaq dropped 0.94% as investors reacted to Trump’s Fed chair pick and inflation data. Oracle faces a new patent lawsuit from Mobility Workx LLC. Traders await Oracle’s March earnings and Friday’s U.S. jobs report.