Oracle stock spikes as strong Q3 earnings ease AI buildout concerns

Oracle stock spikes as strong Q3 earnings ease AI buildout concerns

Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced. “Investing in AI infrastructure is capital-intensive, but our operating model is optimized to ensure profitability,” CEO Clayton Magouyrk said on the company’s…

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