Oracle CFO Says Continue To Anticipate $90B-$95B In Capex For The Full Year; Capex Will Not Be Linear Throughout The Year
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Why It Matters
Oracle's finance leader says the company will spend 90 to 95 billion dollars on computers and buildings this year, but not the same amount each month. When a big company plans huge spending, watch if they finish on time and if the spending actually helps them make more money later.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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