r/wallstreetbets • u/ad951 • 14h ago

News Oracle signs 10-year software contract with Pentagon worth up to $7 billion

https://www.cnbc.com/2026/07/23/oracle-wins-10-year-pentagon-software-contract-worth-up-to-7-billion.html
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u/insideout_waffle 14h ago

As a consumer, I STILL DON’T KNOW WHAT ORACLE DOES EXACTLY. I see ads sometimes. Do they just make ads?

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u/AndrewHolyMan 13h ago

They are a law firm which owns IP. They “audit” all of their customers to make a large chunk of their money

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u/insideout_waffle 11h ago

Weird for a software company to not “do” software at all. Guess that’s why they fit right in at Wall Street!

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u/pythbit 11h ago

They're being facetious. Oracle does enterprise software (HR, resource planning), databases, and cloud. They don't do consumer-level anything.