Oracle shares jump as it targets $30B in free cash flow by 2029
· thenextweb.com · popularity 20/100 · 0 similar stories today · Small Business & Operations (Business & Finance)
Read the original at thenextweb.com →
Summary
Oracle said free cash flow will reach $30B in the year to May 2029, when analysts expected it to stay negative. It capped new fundraising at $20B through May 2030 and kept its $225B revenue target. Shares rose as much as 14%. Oracle shares jumped as much as 14% on Wednesday after the company said […] This story continues at The Next Web
Found in: The Next Web. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 6.