Oracle's stock fell after its Q4 FY2026 earnings report, despite a record backlog and strong cloud infrastructure revenue growth of 93%. The company reported $19.184 billion in revenue and a non-GAAP EPS of $2.11, with a massive $638 billion in Remaining Performance Obligations, signaling strong future revenue. However, concerns arose due to a negative free cash flow of $23.686 billion driven by high capital expenditures of $55.663 billion. Bulls are optimistic about Oracle's AI and cloud growth, projecting a 32.59% upside to a $249.71 price target within 12 months, while bears worry about the high liabilities and capital intensity. The stock's future depends on Oracle's ability to convert its backlog into revenue and manage its capital spending effectively.
The global healthcare command centers market, valued at $1.8 billion in 2024, is projected to grow at a CAGR of 10.8% to reach $5.0 billion by 2034. These centers use advanced technologies like AI and IoT to optimize patient flow, bed management, and...
Salesforce reported strong Q1 FY27 revenue growth driven by its AI-powered Agentforce, with ARR up 205% and positive cash flow, while Oracle posted higher overall revenue but faces heavy capital expenditure and negative free cash flow due to its mass...
Goldman Sachs projects that capital expenditures (capex) by major hyperscalers like Alphabet, Amazon, Meta, Microsoft, and Oracle could reach $1.1 trillion by fiscal year 2027, driven largely by AI data center buildouts. Oracle alone forecasts up to ...
Michael Dell surpassed Larry Ellison to become the world's fifth-richest person, with a net worth of $234 billion, driven by a 3.7% rise in Dell Technologies' stock. Dell's wealth surged due to strong demand for AI servers, reflected in an 88% revenu...
Cybercriminals have compromised over 30,000 Fortinet firewalls and VPNs worldwide by exploiting reused or leaked passwords, not unknown vulnerabilities. The ongoing campaign, called FortiBleed, involves scanning for exposed Fortinet devices and using...
