Finance: Oracle upholds its capital expenditure forecast while reporting cloud growth, resulting in a 7% increase in its share price.
🚀 Oracle is sticking to its fiscal 2027 capex forecast of $90-$95 billion, reporting a staggering 121% growth in cloud revenue, which boosted shares by 7%! As the company navigates AI spending pressures, new financing models are on the table. 📈 #Oracle #CloudGrowth #AI
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