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Oracle (ORCL) stock rockets 12% after forecasting $30 billion free cash flow for FY2029 🚀
Analysts had expected Oracle’s cash flow to stay negative. New guidance forecasts $30 billion free cash flow for FY2029. It also targets $225 billion revenue by FY2030. The outlook may spark a broader tech rally 📈
Investors will monitor the execution closely 🔔
$KORUB, $SNXXB, $EVAA
Oracle (ORCL) stock rockets 12% after forecasting $30 billion free cash flow for FY2029 🚀
Analysts had expected Oracle’s cash flow to stay negative. New guidance forecasts $30 billion free cash flow for FY2029. It also targets $225 billion revenue by FY2030. The outlook may spark a broader tech rally 📈
Investors will monitor the execution closely 🔔
$KORUB, $SNXXB, $EVAA
