Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt
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Source: Zero Hedge
Published: 2026-09-11 06:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Economy & Finance, Financial Markets, Tax & Budget, Business & Economy
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Snippet:
Earnings season may be over, but the occasional earnings reports are still trickling through, and moments ago we got the latest off-season report from the most indebted company in AI, Oracle, which reported adjusted revenue for the first quarter that beat the average analyst estimate, and which helped push the stock higher, but just barely above where it opened.
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