invest7 publishers
Oracle spent roughly half of fiscal 2026's entire capital budget in one quarter
Cloud infrastructure revenue more than doubled to $7.4bn and the contracted backlog reached $664bn, while the $28.5bn Oracle put into capacity in three months turned a record $23.1bn of operating cash flow into free cash flow of negative $5.4bn.
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Perspective Coverage
6 publishers- Builder
- Builder 17%
- Operator
- Operator 26%
- Investor
- Investor 57%
Reality
- Evidence82
- Adoption72
- Hype gap−8
- Incentives68
- Confidence80