Oracle shares fall as soaring AI spending rattles investors

0 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ColiberNews
Published
Oracle shares plunged after the firm forecast capital spending plans for fiscal 2027 above Wall Street estimates, and said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure.

#News #Reuters #Newsfeed #world #business #technology #artificialintelligence #AI #Oracle #shares

Read the story here: https://reut.rs/3SefPH5

???? Subscribe: https://reut.rs/4b8fRGn

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on X: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Category
Breaking World News
Tags
reuters, news, world news today
Sign in or sign up to post comments.
Be the first to comment