By Simply Wall St
Publication Date: 2026-02-12 21:12:00
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Oracle secured an $88 million contract from the U.S. Department of the Air Force to provide cloud infrastructure and AI database solutions as part of a military cloud modernization effort.
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Oracle Health has launched its clinical AI agent, Clinical Note, in the UK, giving more than 300 healthcare organizations access to AI-powered clinical documentation.
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The developments expand Oracle’s role in public sector cloud and healthcare, with NYSE:ORCL last closing at $157.16.
For investors watching NYSE:ORCL, these contracts and product launches come with a mixed stock price record. The stock is up 7.2% in the last week, but is down 23.2% in the last month and 19.7% year to date, with a 1-year return of 7.8% and a 3-year gain of 84.4%. Over 5 years, Oracle shares have returned 171.0%, representing the longer term…
