June 11, 2026
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1:21Now PlayingOracle 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
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