Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion

Oracle Corporation (NYSE: ORCL) is expected to report quarterly earnings of $1.96 per share and $19.09 billion in revenue. Analysts have raised price targets and some investors…

Oracle (NYSE: ORCL) to report Q4 results on June 10. Analyst expects Cloud growth and increased data center capacity. Raises PT to $240.

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The companys…