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Deployment of 800 billion yuan in new policy financial instruments completed.
2026-10-28
Deployment of 800 billion yuan in new policy financial instruments completed.
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2026-10-28
The CEO of Mercedes-Benz stated that the company is preparing a broader strategic update for 2030 and beyond, with the Chinese market remaining a core pillar of its long-term plans.
The CEO of Mercedes-Benz stated that the company is preparing a broader strategic update for 2030 and beyond, with the Chinese market remaining a core pillar of its long-term plans.
2026-10-29
Oracle (ORCL.N) expects free cash flow of $30 billion for the fiscal year ending May 2029, well above market expectations of continued negative FCF. It forecasts data-center capacity will exceed 10 GW by the end of fiscal 2028 and plans to begin redu
Oracle (ORCL.N) expects free cash flow of $30 billion for the fiscal year ending May 2029, well above market expectations of continued negative FCF. It forecasts data-center capacity will exceed 10 GW by the end of fiscal 2028 and plans to begin reducing capex from fiscal 2029. The company said new financing needs before May 2030 will be kept below $20 billion and reiterated a fiscal 2030 revenue target of $225 billion. Analyst Anurag Rana said the plan should ease Oracle concerns over heavy AI infrastructure spending in the next two years. shares rose as much as 13% intraday.
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