Oracle Projects $30 Billion Free Cash Flow in Fiscal 2029

Oracle Corp. issued a long-term outlook projecting $30 billion in free cash flow by fiscal 2029, beating analysts' estimates. The forecast is meant to ease investor concerns about the payoff from its artificial intelligence spending.

• Free cash flow projected at $30 billion by fiscal 2029
• Outlook came in above analysts' estimates
• Forecast aims to ease investor nerves over AI spending returns