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via finance.yahoo.comBusiness & Companies

Oracle Projects $30 Billion Free Cash Flow in Fiscal 2029

FROM THE WIRE · FINANCE.YAHOO.COM

(Bloomberg) -- Oracle Corp. gave a long-term outlook for free cash flow that was better than analysts' estimates, easing investor nerves about the potential payoff from its artificial intelligence spending. Most Read from Bloomberg Apple's Foldable iPhone Duo Draws Early…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA cash flow outlook above estimates may reassure investors about the payoff from AI spending.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Oracle CorporationORCLStock144.34 USDMarket closedtoday +10.58%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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