Oracle now targets at least $30B in free cash flow for fiscal 2029, when investors expected negat...
Oracle projects achieving at least $30 billion in free cash flow for fiscal 2029, revising previous investor expectations of negative cash. The company reports burning $23.7 billion in fiscal 2026 for AI data center construction and anticipates turning the cash drain in the second half of fiscal 2028. Following these disclosures, Oracle shares jumped up to 9.6%. Open article →
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