Oracle Plunges 12% Despite Earnings Beat as $50 Billion Spending Plan Stuns Investors
3 Articles
3 Articles
Oracle Plunges 12% Despite Earnings Beat as $50 Billion Spending Plan Stuns Investors
Quick Read Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the third straight quarter. Shares dropped 12% as weak Q3 guidance and debt concerns overshadowed 68% cloud infrastructure growth. Finding the best credit card just got a lot easier. We’ve assembled a list of cards with unlimited cash back, …
The company co-founded by Larry Ellison fell heavily on the stock exchange on Thursday. Reiterating a backlash on the AI, investors sanctioned Oracle's massive investment projects in the data centres.The Oracle company that participates in the crazy race at the AI bears its name well? Looking for the slightest sign of the reversal of the values brought to the nudes by the technological obsession of the decade, investors in any case reacted very …
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