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Oracle Promises Lower Data Center Costs
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7.1
Oracle reported fiscal 2026 third-quarter earnings on Tuesday and reassured investors over its aggressive AI data-center spending. The company raised revenue guidance to $67 billion and forecast about $50 billion in capital expenditures for the year; co-CEO Clay Magouyrk said Oracle is cutting costs and accelerating construction to reduce networking, hardware and power expenses.
Scoring Rationale
Official earnings and AI-infrastructure relevance drive score, limited by modest novelty and shallow technical detail.
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