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Oracle's Stock Surges on Promising Cash Flow and Revenue Growth Projections

AI News

Oracle's Stock Surges on Promising Cash Flow and Revenue Growth Projections

Oracle shares soars after projecting return to positive cash flow

CNBC-TV18

Oracle shares soars after projecting return to positive cash flow

Free cash flow is projected to reach $30 billion in the fiscal year concluding in May 2029, according to Chief Financial Officer Hilary Maxson, who disclosed this information Wednesday at the...

Oracle Sees $30 Billion Free Cash Flow in Fiscal 2029, Topping Estimates

Bloomberg

Oracle Sees $30 Billion Free Cash Flow in Fiscal 2029, Topping Estimates

Oracle Corp. shares jumped after the company gave a long-term outlook for free cash flow that eased investor nerves about the potential payoff from its artificial intelligence spending.

Oracle stock pops 10% on forecast for 35% average revenue growth through 2030

CNBC

Oracle stock pops 10% on forecast for 35% average revenue growth through 2030

Oracle issued a revenue forecast for fiscal year 2030 of $225 billion.

Oracle Stock Rallies As Upbeat Revenue, Cash Flow Forecasts Ease AI Jitters

Investor's Business Daily

Oracle Stock Rallies As Upbeat Revenue, Cash Flow Forecasts Ease AI Jitters

The tech giant's stock jumped after it reported a strong forecast through 2030 which appeared to ease worries about its AI investments.

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