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Oracle Backs $50 billion CapEx Following Strong Earnings
Yahoo Finance· 2026-03-13 13:46
Oracle Corporation (NYSE:ORCL) is one of the 11 Best Large-Cap Tech Stocks to Invest In.  On March 10, Oracle Corporation (NYSE:ORCL) reported its earnings for the third quarter of fiscal year 2026, posting $1.79 per share in adjusted earnings compared to the consensus of $1.70, as per LSEG. Revenue came in at $17.19 billion, compared with estimates of $16.91 billion. Oracle Backs $50 billion CapEx Following Strong Earnings CNBC reported that Oracle announced plans to raise between $45 billion and $50 b ...