Oracle May Begin $20 Billion Funding Plan in 2026
Oracle’s CFO says the company may begin executing its $20 billion funding plan as early as calendar 2026.
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Oracle’s CFO says the company may begin executing its $20 billion funding plan as early as calendar 2026.
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Oracle reported record first-quarter revenue of $19.3 billion, up 30% year over year, with cloud infrastructure revenue up 121% to $7.4 billion. The company also completed a $20 billion equity issuance and guided Q2 revenue growth of 30% to 34%.