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HomeBusinessOracle tops estimates as AI demand tempers cash-burn fears

Oracle tops estimates as AI demand tempers cash-burn fears

Sept 10: Oracle topped Wall Street estimates for quarterly results on Thursday and reported a smaller cash burn than expected, offering investors confidence that its hefty AI investments were generating solid returns without squeezing its balance sheet. Shares of the company, which had slumped more than 21 pe

Read full story on Channel Newsasia

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