Oracle shares rise 12% as strong Q3 results respond to Wall Street concerns about AI expansion

Oracle shares rise 12% as strong Q3 results respond to Wall Street concerns about AI expansion

By Lola Murti
Publication Date: 2026-03-11 14:30:00

oracle Shares rose 12% on Wednesday after the company reported a robust third quarter Merit and assured analysts that the company had no plans to make further capital increases Debts in 2026 beyond what has already been announced.

“Investing in AI infrastructure is capital intensive, but our operating model is optimized to ensure profitability,” CEO Clayton Magouyrk said on the company’s earnings call Tuesday.

The hyperscaler has expressed skepticism about the financing measures for the construction of its data center.

Last month, the company said it plans to raise up to $50 billion in 2026 using a combination of debt and equity, with no expectation of issuing more bonds.

Magouyrk contacted the company artificial intelligence Infrastructure growth plans at the analyst conference.

“Since then, we have signed contracts worth more than $29 billion with multiple customers leveraging this new model,” Magouyrk said. “A combination of bring-your-own hardware and advance payments to the customer allows us to continue to expand…