Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns
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Source: CNBC
Published: 2026-03-12 01:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Financial Markets, Tax & Budget, Business & Economy
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Snippet:
Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced.
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