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AI TRENDS | Oracle Reports Record FY2026 Revenue as AI Cloud Growth Hits 39%

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2026-06-11 03:44:01
Oracle reported record revenue for fiscal year 2026, while its AI cloud business grew 39% and free cash flow turned negative at $23.7 billion, amid capital expenditure pressure. According to PANews, Oracle’s shares fell in after-hours trading following the results.

The report highlighted that rising capital expenditures weighed on cash flow despite the company’s AI cloud growth and record annual revenue.
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