Finance: Oracle confirms its capital expenditure forecast while reporting cloud growth, resulting in a 7% increase in its stock price.
🚀 Oracle is keeping its fiscal 2027 capex forecast steady at $90B-$95B, despite mounting AI pressures. With a remarkable 121% cloud growth, shares surged 7%! Co-CEO Clay Magouyrk emphasizes innovative financing models to balance spending and profitability. #Oracle #CloudComputing #AI 🌥️📈
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