10月28日 - 甲骨文表示，预计资本支出将在本财年和下一财年达到峰值，因为该公司正在建设更多云计算产能，但承诺到2030财年为止，筹集的额外融资不超过200亿美元。
Oct 28 - Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise no more than $20 billion in additional financing through fiscal 2030.
这一承诺旨在安抚投资者，他们担心拉里·埃里森的公司将需要越来越多的外部资金来为其激进的AI建设提供资金。受此预测提振，甲骨文股价飙升逾8%，其他云计算股票也随之上涨。
The pledge is meant to reassure investors worried that Larry Ellison's company will need ever-larger sums of outside money to fund its aggressive AI buildout. Oracle shares jumped over 8% on the forecast, while other cloud stocks also rose.
在拉斯维加斯举行的甲骨文投资者日活动上，首席财务官希拉里·马克森表示，甲骨文还预计自由现金流将在2028财年下半年转正，并在2029财年超过300亿美元，届时资本支出将开始下降。
Speaking at Oracle's investor day in Las Vegas, CFO Hilary Maxson said Oracle also expects free cash flow to turn positive in the second half of fiscal 2028 and top $30 billion in fiscal 2029, when capital spending is set to decline.
甲骨文已成为人们担忧AI基础设施成本飙升的焦点，因为它缺乏微软和亚马逊等云计算巨头那样深厚的收入基础，且严重依赖单一客户——亏损的ChatGPT创造者OpenAI。
Oracle has become a focal point of worries about the soaring cost of AI infrastructure because it lacks the deep revenue base of cloud giants such as Microsoft and Amazon and relies heavily on a single customer, loss-making ChatGPT creator OpenAI.
与OpenAI的合作为甲骨文的云计算积压订单增加了数千亿美元，但建设履行这些合同所需的数据中心和其他AI基础设施，迫使其严重依赖债务和股票发行融资。
The partnership with OpenAI has added hundreds of billions of dollars to Oracle's cloud backlog, but building the data centers and other AI infrastructure needed to fulfill those contracts has forced it to lean heavily on debt and stock sales.
该公司今年早些时候表示，将在本财年通过债务和股权融资筹集400亿美元，其中包括第一季度完成的200亿美元股票出售。截至8月31日，其应付票据和其他借款达1253.4亿美元，而现金及现金等价物总计约363.7亿美元。
The company said earlier this year it would raise $40 billion through debt and equity financing in its current fiscal year, including the $20 billion stock sale it completed in the first quarter. It had $125.34 billion in notes payable and other borrowings as of August 31, while cash and cash equivalents totaled around $36.37 billion.
首席财务官马克森周三表示：“我已告诉你们，我们需要为2027财年剩余时间筹集最多200亿美元的额外资金。我们宣布，这200亿美元将在债务和股权之间均分，是为本周期剩余时间提供资金所需的最终金额。”
"I've told you we need an additional up to $20 billion in funding for the remainder of our fiscal 2027," CFO Maxson said on Wednesday. "We're announcing that this $20 billion, split evenly between debt and equity, is the final amount needed to fund the remainder of this cycle," she added.
对于2030财年，该公司预计收入将超过2250亿美元，调整后营业利润率将高于40%，调整后每股收益将超过21美元。它重申了2027财年收入超过900亿美元、调整后每股收益8.10美元的预测。
For fiscal 2030, the company forecast revenue of more than $225 billion, an adjusted operating margin above 40% and adjusted earnings of more than $21 per share. It reaffirmed its fiscal 2027 forecast of more than $90 billion in revenue and adjusted earnings of $8.10 per