Oracle Jumps After Projecting Return to Positive Cash Flow

First reported by Bloomberg at · Updated · 5 sources

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.

Covered by 5 publishers within 3 hours of the first report.

Summary from Bloomberg.

Reporting5

The Next Web Oracle shares jump as it targets $30B in free cash flow by 2029 · Cristian Dina

Related

Topics Oracle