Finance: Oracle upholds its capital expenditure forecast and reports growth in cloud services, resulting in a 7% increase in its stock price.
đ Oracle is sticking to its capex forecast of $90-95B for FY2027, even after reporting a stunning 121% growth in cloud revenue! đ Shares jumped 7% post-earnings. With innovative financing models in play, Oracle is balancing AI investments with profitability. Stay tuned! #Oracle #CloudComputing #AI
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