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Oracle targets $30 billion in free cash flow for fiscal year 2029 by leveraging AI demand

The Motley Fool +1 · ·by G4L

ORCL Oracle Corp
$125.35 -1.38%
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  1. 1Oracle aims to convert AI demand into a self-funding growth engine.
  2. 2The company is pursuing a $30 billion free cash flow target for fiscal year 2029.
  3. 3Oracle's $20 billion financing deal and expensive bonds complicate its growth.

So what's the key point?

Oracle plans to make money by using the demand for artificial intelligence. While the goal is to collect $30 billion, growth could be difficult due to complex financing methods.

Source The Motley Fool +1 · View original ↗

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