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Oracle’s debt mountain grows: $56 billion in new borrowing as cash flow turns deeply negative
Oracle is under pressure as its debt load jumps by $56 billion while free cash flow turns sharply negative. The company’s ...
Despite a tough macroeconomic backdrop, software giant Oracle (NYSE: ORCL) produced solid quarterly results when it reported on Monday. Excluding the acquisition of Cerner, revenue grew by 9% year ...
Oracle's cloud infrastructure business is booming, and the company recently scored a big win with the U.S. Department of Defense. Growing the cloud business has required a dramatic increase in capital ...
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