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Live News EQUITY ARTICLE M impact

Oracle CapEx triples to $28.49 billion in F1Q

Oracle capital expenditures more than tripled during the latest quarter to $28.49 billion from $8.5 billion a year earlier. The higher CapEx left free cash flow negative $5.4 billion.

ORCL

5 billion a year earlier. 4 billion. For the year, the software and cloud-computing company continues to anticipate CapE…