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. Jonathan Raa/NurPhoto via Getty Images 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. Shares of the clou...