Trump Pushes Google, Amazon, Microsoft To Cut Cloud Prices: $20 Billion IT Budget On Chopping Block As Oracle Sets Precedent: Report - Adobe (NASDAQ:ADBE), Amazon.com (NASDAQ:AMZN)

Why did Trump announce 30% tariffs on EU and Mexico? How are Trump’s tariffs impacting US and global markets? Why is Nvidia’s stock value reaching $4 trillion? What caused Indeed and Glassdoor to lay off 1,300 employees? How did Amazon Prime Day affect US online spending? Why is the US Treasury posting a budget surplus from tariffs? What’s behind the surge in Bitcoin and crypto prices?

Trump Pushes Google, Amazon, Microsoft To Cut Cloud Prices: $20 Billion IT Budget On Chopping Block As Oracle Sets Precedent: Report - Adobe (NASDAQ:ADBE), Amazon.com (NASDAQ:AMZN)

benzinga.com/markets/equities/25/07/46360515/trump-pushes-google-amazon-microsoft-to-cut-cloud-prices-20-billion-it-budget-on-chopping-block-as-oracle-sets-precedent-report

Alphabet Inc.‘s GOOGL GOOG Google division will heavily discount cloud computing services for the U.S. government as the Trump administration pressures technology giants to slash prices on lucrative federal contracts worth more than $20 billion annually.
What Happened: The agreement…

This story appeared on benzinga.com, 2025-07-12 09:59:16.522000.