Movement Alert｜Oracle Intraday Decline 3.08% in Regular Trading, market digests AI investment pace after long-term targets

Market Focus10-29 21:51

On October 29, Oracle fell 3.08% in Regular Trading, trading at $140.02 per share, with turnover of $1.086 billion.

The move followed continued market digestion of the company’s Investor Day outlook: Oracle reaffirmed fiscal 2027 revenue of at least $90 billion, set a fiscal 2030 revenue target of $225 billion or more, and said free cash flow should turn positive in the second half of fiscal 2028 and exceed $30 billion in fiscal 2029.

Management also said the current investment cycle would require up to $20 billion of additional financing through fiscal 2030, split evenly between debt and equity, while capital spending is expected to decline in fiscal 2029. The intraday pullback came after an earlier sharp rally, suggesting investors were reassessing the timing of returns versus the scale of ongoing AI infrastructure spending.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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