Oracle's AI cloud push faces high stakes ahead of earnings

MSN
2026.06.08 13:57
portai
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Oracle faces high stakes ahead of its June 10 Q4 earnings, with expectations for 19%-21% revenue growth and EPS near $1.96. The company's AI backlog surged 325% to $553B due to major contracts with OpenAI and Meta. However, concerns arise from Oracle raising over $42B in debt in nine months to fund data center expansion, potentially impacting leverage and margins.