Oracle shares dipped 1.5% Monday after the company announced a broad pricing deal with the U.S. government aimed at reducing federal IT costs, according to Investopedia. Under the agreement, Oracle will offer up to 75% off license-based technology and substantial discounts on cloud and AI services through November 2025. The deal is part of the GSA’s OneGov program, consolidating agency tech needs to unlock deeper savings and modernize infrastructure at scale. Oracle CEO Safra Catz said AI-powered tools on Oracle Cloud will help agencies save taxpayer dollars while expanding capabilities. GSA chief Stephen Ehikian called it a “landmark agreement.” Shares remain up about 40% year-to-date.
