Despite the market’s ebullience, the enterprise software giant is blowing through cash at a steadily rising pace. Just three quarters ago, Oracle’s free cash flow was essentially zero, and this quarter it clocked in at negative $24.7 billion over the trailing 12 months as its capital expenditures rocketed from $21.2 billion in fiscal 2025 to a guided $50 billion this fiscal year as the company forges ahead in its AI data center buildout.
More than 3,200 Australians over 23 commercial flights have returned to Australia since the US and Israel attacked Iran, setting off a regional conflict and grounding thousands of international flights.
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