Oracle reports Q1 revenue up 18% YoY to $11.4B; total cloud revenue was up 45% YoY to $3.6B, and health data provider Cerner, acquired in June, generated $1.4B (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+  —  DocuSign Inc. rallied 17% after reporting quarterly sales that topped analysts’ estimates and raising its billings forecast …

Jordan Novet / CNBC:
The Pentagon awards Amazon, Google, Microsoft, and Oracle a cloud-computing contract of up to $9B each through 2028 under the Joint Warfighting Cloud Capability  —  – Of the four companies receiving cloud-computing contracts from the Pentagon, all of them had received requests for bids from the U.S. federal agency last year.

Jonathan Stempel / Reuters:
A federal jury in Detroit ordered Ford to pay Versata Software $104.6M for breach of a 2004 licensing contract and misuse of trade secrets; Ford plans to appeal  —  A federal jury in Detroit ordered Ford Motor Co (F.N) to pay Versata Software Inc $104.6 million in damages for breaching …

Brody Ford / Bloomberg:
HP reports Q4 revenue down 11.2% YoY to $14.8B and Personal Systems revenue down 13% YoY to $10.3B, and forecasts a 10% drop in PC sales in FY 2023  —  HP Inc. said it will eliminate as many as 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.

Bloomberg:
AWS announces a new Graviton3E chip for high-performance computing tasks like weather forecasting and gene sequencing, competing with Intel, Nvidia, and others  —  Amazon.com Inc.’s cloud-computing unit is rolling out new chips designed to power the highest-end of computing …

Ashley Capoot / CNBC:
The SEC fines Oracle $23M for allegedly bribing officials in India, Turkey, and the UAE between 2016 and 2019, the second such fine after a 2012 settlement  —  – Oracle has settled with the Securities and Exchange Commission after it was charged with violating the Foreign Corrupt Practices Act …