Oracle’s AI investments spook investors despite another impressive earnings and revenue beat

Database and cloud infrastructure giant Oracle Corp. surpassed Wall Street’s expectations on earnings and revenue as it delivered its latest financial results, and raised its profit forecast for the next financial year. However, its stock was trading 9% lower after-hours after it revealed plans to raise even more debt to fund its ongoing artificial intelligence […] The post Oracle’s AI investments spook investors despite another impressive earnings and revenue beat appeared first on...