Oracle shares jump as it targets $30B in free cash flow by 2029

Oracle provided bullish financial guidance, projecting $30 billion in free cash flow by fiscal year 2029, surprising markets that had anticipated negative free cash flow. The company also capped new fundraising at $20 billion through May 2030 and reaffirmed its $225 billion revenue target. The announcement triggered a significant stock price jump reflecting investor confidence in the company's growth trajectory.

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