Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
Oracle shares fall as soaring AI spending rattles investors
visibility comment0 event June 11, 2026 timer 02:30
Oracle shares plunged after the firm forecast capital spending plans for fiscal 2027 above Wall Street estimates, and said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure.
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