Oracle (ORCL) CFO says they saw merit to be the first of the fully funded hyperscalers, wanted to be done with the endless narrative of funding Oracle (ORCL), via CNBC interview
ORIGINAL · NewsquawkOracle (ORCL) CFO says they saw merit to be the first of the fully funded hyperscalers, wanted to be done with the endless narrative of funding Oracle (ORCL), via CNBC interviewRead originalHide original
They are very serious, are one and done, and not raising more money. Five data centres under construction, with one nearly completed. Speaking on the anti-data centre views, says it's something they've been dealing with for the past eight to ten months. It's not something that just magically appeared after the midterms.
Oracle’s CFO described the company as fully funded and said it was not raising more money; five data centres were under construction, and opposition had been an issue for eight to ten months.
News detail
They are very serious, are one and done, and not raising more money. Five data centres under construction, with one nearly completed. Speaking on the anti-data centre views, says it's something they've been dealing with for the past eight to ten months. It's not something that just magically appeared after the midterms.
Related stocks
1 stocks
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.