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Oracle Just Promised $30 Billion in Free Cash Flow After Capping New Borrowing at $20 Billion
Source: 247wallst.com
Company FundamentalsCorporate Guidance & OutlookCredit & Bond Markets
Oracle’s spending pushed it into negative free cash flow, and its stock lost half its value. At its Las Vegas investor day, the company drew a line on future borrowing and attached a specific date to an initiative, but the article excerpt cuts off before identifying the date or initiative.
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mildly negative
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