Oracle Falls as Data Center Costs Exceed Estimates

Bloomberg TechnologyJune 11, 2026tech

Oracle shares declined in premarket trading after the company reported quarterly capital expenses that were higher than estimates. The company expects to spend about $70 billion on net capital expenditures in the current fiscal year, which ends in May 2027. Bloomberg Intelligence's Matthew Bloxham has more. (Source: Bloomberg)

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Oracle Falls as Data Center Costs Exceed Estimates

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