Oracle tells investors not to worry about data center spending because its 'very, very good' at cost-cutting
Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday.
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- Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday.
- The cloud giant is forecasting $50 billion in capital expenditures for the year.
- To maximize profit, Oracle is focused on cutting costs and accelerating construction timelines.
Oracle has two magic words for investors concerned with the company's aggressive data center spending: fast and cheap.