Stock Market Cafe
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Stock Market Cafe
No Result
View All Result
Home Trading News

Google, Oracle, Amazon, and Microsoft awarded $9 billion Pentagon cloud deals

by
December 7, 2022
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Microsoft CEO Nadella calls A.I.-powered search biggest thing for company since cloud 15 years ago

Analysts love these stocks with big upside to play the ChatGPT-driven artificial intelligence craze

In this article

AMZNORCLGOOGLMSFT

The Pentagon building in Washington, D.C.
Staff | AFP | Getty Images

The Pentagon said Wednesday that AmazonGoogleMicrosoftOracle

The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on multiple providers of remotely operated infrastructure technology, as opposed to relying on a single company, a strategy promoted during the Trump Administration.

Originally, the Pentagon had awarded the Joint Enterprise Defense Infrastructure, or JEDI, to Microsoft in 2019. A legal battle ensued as Amazon, the top player in the cloud infrastructure market, challenged the Pentagon’s decision. In 2020, the Pentagon announced it would stick with Microsoft for the JEDI deal.

Last year the Pentagon changed its approach, asking for bids from Amazon, Google, Microsoft and Oracle to address cloud needs. But the General Services Administration stated at the time that only Amazon and Microsoft seemed to be able to meet the Pentagon’s requirements.

Wednesday’s result is an achievement in particular for Oracle, which analysts don’t see in the top tier of companies offering cloud-based computing services.

This is breaking news. Please check back for updates.

ShareTweetPin

Related Posts

Microsoft CEO Nadella calls A.I.-powered search biggest thing for company since cloud 15 years ago

by
February 8, 2023
0

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella said on Tuesday that search powered...

Analysts love these stocks with big upside to play the ChatGPT-driven artificial intelligence craze

by
February 8, 2023
0

Every few years there's a surge of renewed buzz around artificial intelligence. With the current hype around ChatGPT and its...

Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales

by
February 8, 2023
0

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant and signage is seen on February 09,...

Stocks moving in after-hours: Chipotle, VF Corp, Fortinet, Enphase Energy

by
February 8, 2023
0

S&P 500 4,164.00 +52.92(+1.29%)   Dow 30 34,156.69 +265.67(+0.78%)   Nasdaq 12,113.79 +226.34(+1.90%)   Russell 2000 1,972.61 +14.89(+0.76%)   Crude...

Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales

by
February 7, 2023
0

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant and signage is seen on February 09,...

Next Post

Prometheus Bio 'Comfortably Overshoots' Drug's Expectations — And Shares Nearly Triple

Why This Market Rally Is So Dangerous; Tesla Nears Bear Lows On This Move

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Crocs sees fourth-quarter sales up 42%, CEO Andrew Rees says 2021 was ‘exceptional year’

    0 shares
    Share 0 Tweet 0
  • Biden didn’t accept Putin’s ‘red lines’ on Ukraine – here’s what that means

    0 shares
    Share 0 Tweet 0
  • Buying a car from the factory sounds expensive, but it can actually save you money. Here’s how to do it.

    0 shares
    Share 0 Tweet 0
  • The states that won’t tax military retirement in 2022

    0 shares
    Share 0 Tweet 0
  • Roth TSP vs. Roth IRA: How Do They Compare?

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.stockmarket-cafe.com
No Result
View All Result
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.stockmarket-cafe.com