Deborah Sophia / Reuters:

Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+  —  Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise …

Deborah Sophia / Reuters:

Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+  —  Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise …

Source: TechMeme
Source Link: https://www.techmeme.com/261028/p47#a261028p47