Oracle maintains its capex forecast and reports cloud growth, sending shares up 7%

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Published: 2026-09-10T23:33:47.466Z • Permanent link

Breaking: Oracle Maintains Capex Forecast, Reports Cloud Growth, Sending Shares Up 7%

Oracle's recent financial report sent shockwaves throughout the tech industry, as the company reaffirmed its capital expenditures forecast and reported significant growth in its cloud division. The announcement came on the heels of Oracle's quarterly earnings call, where CEO Safra Catz revealed that the company remains committed to its capex growth strategy, despite increasing competition in the cloud computing market.

Oracle's confidence in its capex forecast is a testament to the company's robust financial position and its ability to navigate the complexities of the cloud market. The company's decision to maintain its forecast sends a strong message to investors and analysts, who have been watching the company's progress closely. Oracle's capex growth strategy is focused on investing in its cloud infrastructure, including the development of new data centers and the expansion of its AI and machine learning capabilities.

Oracle's cloud division has been a key driver of the company's growth, with revenue from the division increasing by 15% year-over-year. The company's cloud offerings, including its Oracle Cloud Infrastructure (OCI) and Oracle Cloud Autonomous Database (OCAD), have been widely adopted by customers across various industries, including finance, healthcare, and retail. Oracle's cloud division has also been a major beneficiary of the company's investments in AI and machine learning, with the company's OCI platform featuring advanced analytics and AI capabilities.

Oracle's decision to maintain its capex forecast and report cloud growth has significant implications for the data sources domain. The company's cloud division is a major player in the market, and its growth is closely watched by researchers and analysts in the field. The company's investments in AI and machine learning are also closely followed, as they have the potential to revolutionize the way companies operate and make decisions. Oracle's cloud division is also a major beneficiary of the company's investments in data analytics, with the company's OCAD platform featuring advanced analytics and AI capabilities.

The impact of Oracle's cloud growth on the data sources domain is also felt by companies such as Amazon Web Services (AWS) and Microsoft Azure, which are also major players in the market. The competition between these companies is fierce, and Oracle's growth is seen as a major challenge to their dominance. Researchers and analysts in the field are closely watching the competition between these companies, as it has the potential to drive innovation and improve the overall quality of data sources.