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Oracle Projects $30 Billion Free Cash Flow in Fiscal 2029

First reported by Bloomberg ·

The signal ●○○○ Brief pending · reported by Bloomberg, the single source so far
What happened

Oracle Corp. gave a long-term outlook for free cash flow that was better than analysts’ estimates, easing investor nerves about the potential payoff from its artificial intelligence spending.

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Oracle
Read on bloomberg.com →

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  1. Oracle Jumps After Projecting Return to Positive Cash Flow bloomberg.com · 1h ago · ●○○○
  2. 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%+ reuters.com · 1h ago · ●●●●