Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.
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Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...
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Oracle Reports on June 10, and Its Cloud Backlog Could Be the Next Big Test for the AI Infrastructure Trade
The cloud company's backlog has become a key gauge of AI demand.
A developer believes Lakeland is a prime location for data centers, which could provide significant tax revenue. Residents have raised concerns about the power and water demands of a proposed data ...
NASHVILLE, Tenn. (WSMV) - Nashville Zoo officials are opposing a proposal to build a data center next to their property. Developers are seeking to turn land along Grassmere Park into a ...
Exports and imports surge in May; broad trade driven by AI boom Shipments of cars, tech products soar Factory PMI shows sharp drop in new export orders after April's peak Beijing faces calls to boost ...
The City of Taylor, Texas, is facing public outcry after residents found out a data center's being constructed on land donated as a public space. Reading time 4 minutes In Akira Kurosawa’s 1952 ...
A licensed attorney with nearly a decade of experience in content production, Valerie Catalano knows how to help readers digest complicated information about the law in an approachable way. Her ...
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