Oracle stock price drops again as AI fears weigh; Air Force cloud order lands
New York, Jan 30, 2026, 17:31 EST — After-hours
- Oracle dropped 2.6% by Friday’s close, deepening the recent slump in software shares.
- Oracle America landed an $88.1 million Cloud One task order from the U.S. Air Force.
- Traders are balancing Big Tech’s hefty AI investments against the near-term outlook for cloud growth.
Oracle shares dropped 2.6%, closing at $164.58 Friday, and saw little movement after hours. Investors continued offloading software stocks, even after Oracle landed a new U.S. military cloud contract. (Zacks)
The stock has slipped amid a wider selloff in software shares following earnings and guidance from SAP and ServiceNow, which stoked worries that new AI technologies might cut into…
