Related News

NEW DELHI: NASA’s Psyche spacecraft has pulled off a dramatic flyby of Mars, capturing striking close-up views of the Red Planet, including the massive Huygens Crater, as it slingshots deeper

For a long time, scientists believed that only amphibians like salamanders could regrow complex limbs. But then came some groundbreaking findings from Texas A&M University. Researchers there discovered that mammals

NASA’s Jet Propulsion Laboratory recently reached a significant achievement in space travel technology. They successfully tested a lithium-fed magnetoplasmadynamic (MPD) thruster, establishing a domestic power milestone for power output in

While staying at the Imperial Hotel in Tokyo during a lecture tour, Albert Einstein found himself in an awkward situation. A hotel bellboy had delivered a message to his room,

Have you ever wondered why rockets eventually tilt themselves after launch? Most people assume a rocket’s goal is to fly as high as possible, but ‘up’ is only the first

The Sombrero galaxy and its glowing halo of stars have never looked this good. The US National Science Foundation’s NOIRLab released the latest photo of the popular hat-shaped galaxy on

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Oracle stock spikes as strong Q3 earnings ease AI buildout concerns

Word Count: 213 | Estimated Reading Time: 2 minutes


A trader on the floor of the New York Stock Exchange on April 10, 2025.

NYSE

Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced.

“Investing in AI infrastructure is capital-intensive, but our operating model is optimized to ensure profitability,” CEO Clayton Magouyrk said on the company’s earnings call Tuesday.

The hyperscaler has drawn skepticism for the financing measures funding its data center construction.

Last month, the company said it intends to raise up to $50 billion in 2026 with a combination of debt and equity, with no expectations to issue additional bonds.

Magouyrk addressed the company’s AI infrastructure growth plans on the analyst call.

“We have signed more than $29 billion of contracts since then across multiple customers using that new model,” Magouyrk said. “A combination of bring-your-own-hardware and upfront customer payments enables us to continue expanding without any negative cash flow from Oracle.”

Magouyrk also noted that Oracle delivered 90% of 400 megawatt data centers on or ahead of schedule in the third quarter.

Stock Chart IconStock chart icon

hide content

Oracle one-year stock chart.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Most Popular Articles