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Oracle (NYSE: ORCL) reported its Q1 fiscal 2026 earnings on September 10, 2023, showing missed sales and adjusted earnings per share estimates. However, the company projected its Cloud infrastructure revenue to soar from $18 billion in fiscal 2026 to $144 billion by fiscal 2030, reflecting a remarkable $126 billion increase and a compound annual growth rate of over 68%.
This substantial growth outlook is expected to increase costs for major clients like Meta Platforms (NASDAQ: META), Amazon.com (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL), causing their stock values to drop: Meta fell by 1.8%, Amazon by 3.3%, and Alphabet by 0.2%. As Oracle’s revenue growth indicates rising AI investment, Meta’s capital expenditure and operating expense guidance, projected to grow by 20% to 24% this year with a potential acceleration in 2026, will be crucial for evaluating its ability to manage costs while scaling AI initiatives.
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