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Bernstein says Oracle is in a new high-intensity investment cycle; second‑generation cloud infrastructure and AI data centers should accelerate revenue, profit and FCF and could place Oracle among the world’s top‑three hyperscale cloud providers. Ber

2026-09-03

Bernstein says Oracle is in a new high-intensity investment cycle; second‑generation cloud infrastructure and AI data centers should accelerate revenue, profit and FCF and could place Oracle among the world’s top‑three hyperscale cloud providers. Bernstein forecasts FY2026 cloud infrastructure revenue of about $18.1 bln, up 77% YoY, including roughly $6.6 bln of AI revenue. Heavy capex will weigh on gross margins and create financing needs, while high‑margin database, multicloud and enterprise software businesses should partly offset the impact. Bernstein reiterates Outperform with a $325 target (Bernstein report, Sept. 2).

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2026-09-03

Microsoft (MSFT.O) adjusted its fiscal 2027 first-quarter outlook, forecasting Devices & Consumer revenue of $14.7–15.2 billion.

Microsoft (MSFT.O) adjusted its fiscal 2027 first-quarter outlook, forecasting Devices & Consumer revenue of $14.7–15.2 billion.
2026-09-03

Xu Xin, vice district mayor of Shanghai’s Pudong New Area, said at a Sept. 3 municipal press conference the district will accelerate opening of trade in services and seek design as a national digital trade demonstration zone. Pudong will deepen compr

Xu Xin, vice district mayor of Shanghai’s Pudong New Area, said at a Sept. 3 municipal press conference the district will accelerate opening of trade in services and seek design as a national digital trade demonstration zone. Pudong will deepen comprehensive pilot measures to broaden service-sector opening and pushing greater openness in finance, healthcare, culture and education, and professional services.
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