Finance: Oracle keeps its capital expenditure forecast unchanged while reporting cloud growth, resulting in a 7% increase in its share price.
🚀 Oracle is sticking to its fiscal 2027 capex forecast of $90B-$95B, despite significant AI spending pressures! 💰 With a 121% cloud revenue growth, shares jumped 7% post-earnings. Co-CEO hints at innovative financing models to balance growth and profitability. #Oracle #CloudComputing #AI
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