Oracle Executive Sells $2.95 Million in Stock Amid Cloud Expansion
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Oracle's president of global field operations, Mark Hura, sold 15,000 shares for $2.95 million, raising concerns among investors as the company invests heavily in its cloud and AI strategy. Despite a nearly 20% stock increase this year, analysts warn of risks due to rising capital expenditures and net debt exceeding $100 billion. Investors are keenly awaiting the next earnings report to assess the sustainability of Oracle's cloud growth amid financial pressures.
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