Finance: Oracle reaffirms its capital expenditure forecast and reports growth in cloud services, resulting in a 7% increase in its share price.
🚀 Oracle is sticking to its fiscal 2027 capex forecast of $90B-$95B, with a remarkable 121% growth in cloud revenue! 📈 Shares surged 7% post-earnings as co-CEO Clay Magouyrk highlighted innovative financing models to balance AI spending with profitability. 💡 #Oracle #CloudComputing #AI
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
