Tech: Oracle reaffirms its capital expenditure forecast and reports cloud growth, resulting in a 7% increase in its stock price.
🚀 Oracle is sticking to its fiscal 2027 capex forecast of $90B-$95B, reporting a whopping 121% growth in cloud revenue! 📈 Shares jumped 7% post-earnings. Amid AI spending pressures, Oracle's exploring new financing models to balance growth and profitability. #Oracle #CloudComputing
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