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https://www.wsj.com/business/earnings/oracle-reports-higher-profit-on-surging-cloud-revenue-5f7d25eb

Oracle Shares Tumble Amid Pricey Data-Center Build-Out

Scale of the outlay highlights the massive cost of the AI boom

By

Elias Schisgall

Updated June 11, 2026 9:38 am ET

17

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(1 min)

Oracle reaffirmed its guidance of $90 billion in revenue in its 2027 fiscal year.Michael Nagle/Bloomberg News

Oracle ORCL-10.82%decrease; red down pointing triangle shares plunged as the cloud-computing and software giant reported higher spending associated with its massive infrastructure expansion, despite rising profit and revenue.

The company reported $55.7 billion in capital expenditures for its latest fiscal year, about $5 billion more than analysts expected, while Chief Financial Officer Hilary Maxson said a net cash outlay for capital expenditures of around $70 billion is expected in fiscal 2027.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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