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Technology

Oracle stock slides after report it will discount its cloud services for the U.S. government

Investor's Business Daily
Summary
Nutrition label

79% Informative

Oracle stock dipped more than 2% Monday morning after a report it would discount its services for the U.S. government.

That marks a slight pullback after shares of the enterprise tech giant surged last week .

Oracle is offering a 75% discount on its license-based software and a "substantial" discount on cloud services through the end of November .

The GSA described the agreement as a first -of-its-kind deal.

VR Score

81

Informative language

85

Neutral language

71

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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