SPIN Unprocessed October 28, 2026 ai_technology technology
Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ (Deborah Sophia/Reuters)
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Deborah Sophia / Reuters: Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ — Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise …
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