Oracle’s AI spending exceeds forecast, raising concerns over growing debt
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Article Excerpt
Oracle’s AI spending exceeds forecast, raising concerns over growing debt
JUBY BABU AND STEPHEN NELLIS
REUTERS
PUBLISHED JUNE 10, 2026
Open this photo in gallery:
The Oracle logo on an office building in Irvine, Calif. in June, 2018.
MIKE BLAKE/REUTERS
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Oracle reported fourth-quarter revenue of US$19.18-billion, narrowly beating analyst expectations.
Shares fell 5 per cent in exte…
Read full article at The Globe and Mail ↗
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