In 2019, Oracle said its cloud HR software was selected by the Defense Department for management of the Pentagon’s 900,000 civilian employees. In 2020, Leidos Holdings Inc. said it would provide ...

The US Department of Defense said it will terminate a plan to use Oracle Corp. software to manage its civilian workforce as part of the Pentagon’s cost-cutting efforts. “This program was ...

In 2020, Leidos (LDOS) said it would provide services ... Disclaimer & Disclosure Report an Issue Oracle NewsMORE Related Stocks Indices Commodities Currencies Stocks ...

Investors reacted to the news by adjusting their positions in Oracle, Leidos, and Palantir, leading to the observed stock price movements. The termination of the Oracle project by the Pentagon is ...

In 2019, Oracle said its cloud HR software was selected by the Defense Department for management of the Pentagon’s 900,000 civilian employees. In 2020, Leidos Holdings Inc. said it would provide ...

The U.S. Department of Defense plans to cancel a multi-year contract with Leidos Holdings (NYSE:LDOS) and Oracle (NYSE:ORCL) in a cost-saving measure, according to a report by Bloomberg.

Investors reacted to the news by adjusting their positions in Oracle, Leidos, and Palantir, leading to the observed stock price movements. The termination of the Oracle project by the Pentagon is a ...

Palantir Technologies tumbled over 7% in premarket on Monday after the Pentagon canceled a $280 million project involving Oracle and Leidos.

Investors didn't take the news lightly. Oracle stock dropped 2%, while Leidos slipped 0.7% at 10am today. Both companies stayed silent, declining to comment. This decision comes amid broader budget ...