Microsoft Abandons $3 Billion Oracle Cloud Deal Citing Security Concerns
Reported by Reuters
Sentiment
Neutral
Importance
7
Price
$393.4
Mkt Cap
$2.922T
52W Low
$356.28
52W High
$555.45
Market data snapshot near publication time
Summary
Microsoft walked away from a $3 billion deal to lease cloud capacity from Oracle, citing security concerns. While the financial impact is not material for Microsoft's scale, the reason for the decision is significant for a major cloud provider, underscoring its commitment to security. This move also represents a lost revenue opportunity for Oracle.
At the time of this announcement, MSFT was trading at $393.40 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.9T. The 52-week trading range was $356.28 to $555.45. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
MSFT - Latest Insights
MSFT
Jun 16, 2026, 3:54 PM EDT
Price at Filing:
$393.40
Real-time Price:
$392.95
Change:
-$0.450 (-0.11%)
Market Cap:
$2.926T
MSFT
Jun 15, 2026, 1:25 PM EDT
Price at Filing:
$399.84
Real-time Price:
$392.95
Change:
-$6.89 (-2%)
Market Cap:
$2.926T
MSFT
Jun 13, 2026, 3:13 AM EDT
Price at Filing:
$390.70
Real-time Price:
$392.95
Change:
+$2.25 (+0.58%)
Market Cap:
$2.926T
MSFT
Jun 12, 2026, 3:13 AM EDT
Price at Filing:
$392.70
Real-time Price:
$392.95
Change:
+$0.250 (+0.06%)
Market Cap:
$2.926T
MSFT
Jun 11, 2026, 3:13 AM EDT
Price at Filing:
$396.60
Real-time Price:
$392.95
Change:
-$3.65 (-0.92%)
Market Cap:
$2.926T
MSFT
Jun 10, 2026, 5:33 PM EDT
Price at Filing:
$397.40
Real-time Price:
$392.95
Change:
-$4.45 (-1%)
Market Cap:
$2.926T
MSFT
Jun 10, 2026, 1:46 PM EDT
Price at Filing:
$400.61
Real-time Price:
$392.95
Change:
-$7.66 (-2%)
Market Cap:
$2.926T
MSFT
Jun 09, 2026, 8:31 AM EDT
Price at Filing:
$410.80
Real-time Price:
$392.95
Change:
-$17.85 (-4%)
Market Cap:
$2.926T
MSFT
Jun 06, 2026, 3:13 AM EDT
Price at Filing:
$412.50
Real-time Price:
$392.95
Change:
-$19.55 (-5%)
Market Cap:
$2.926T
MSFT
Jun 03, 2026, 3:14 AM EDT
Price at Filing:
$438.42
Real-time Price:
$392.95
Change:
-$45.47 (-10%)
Market Cap:
$2.926T