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Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion

Summary by RocketNews
Oracle reported 30% revenue growth in its latest quarter, beating estimates, driven by strong cloud infrastructure demand fueled by artificial intelligence adoption. The company carries $125 billion in debt from its data center expansion.

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Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion

Oracle reported 30% revenue growth in its latest quarter, beating estimates, driven by strong cloud infrastructure demand fueled by artificial intelligence adoption. The company carries $125 billion in debt from its data center expansion.

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RocketNews broke the news on Monday, October 5, 2026.
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