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Oracle tells investors not to worry about data center spending because its 'very, very good' at cost-cutting

Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday.Jonathan Raa/NurPhoto via Getty ImagesOracle reported its third-quarter earnings for fiscal 2026 on Tuesday.The cloud giant is forecasting $50 billion in capital expenditures for the year.To maximize profit,...

🔗 Read more: https://www.businessinsider.com/oracle-doubles-down-on-data-center-spending-cost-cutting-2026-3

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