Turbulence in the global oil market caused by the war in Iran revealed a quiet shift that could reshape global energy security: the rapid rise of electric vehicles. Global uptake of electric vehicle fleets has led to avoided oil consumption rising to the equivalent of 70 per cent of Iran’s exports in 2025, according to a new report. Last year, EVs worldwide saved 1.7 million barrels of oil consumption per day. During the same timeframe, Iran exported 2.4 million barrels of oil through the Strait of Hormuz , according to an analysis by the London-based energy think tank Ember. “Electric vehicles are increasingly cost-competitive with petrol cars. Oil volatility means EVs are a common-sense choice for countries wishing to insulate themselves from future shocks,” said Daan Walter, a principal at Ember. Advertisement The economic benefits were palpable for places with high EV penetration: China, where more than half of new car sales were EVs in 2025, could save over US$28 billion a year in avoided oil imports with its current EV fleets, with oil at $80 per barrel. Europe, where EVs accounted for 26 per cent of car sales in 2025, could save about US$8 billion annually, according to the report. Advertisement

一隻水牛早上闖入青朗公路，被私家車撞傷，往九龍方向一度全線封閉，交通十分擠塞。有牛隻保育團體引述漁護署回覆，指受傷牛隻因骨折，已被人道處理。 涉事私家車行車紀錄儀拍到事發一刻。私家車早上近七時沿青朗公路快線往九龍方向行駛，駛至港鐵錦上路站附近，該水牛由草叢突然走入馬路，私家車收掣不及將牠撞到，司機無受傷，立即停車報警。 涉事私家車司機表示：「那隻牛，見到牠很多血，其實有點兒驚，真的很不幸。」 涉事私家車車頭蓋撞至變型，擋風玻璃破裂。受傷的水牛繼續在公路徘徊，牛角及背部都有血，牠左邊前蹄懷疑被撞到，步行艱難。牠之後慢慢走到中線，交通警隨即截停快線的車輛，三條行車線一度全線封閉。 警員其後嘗試用繩索，在路旁拉住另一邊牛角，以防牠走回行車線，但水牛不斷掙扎，再次走回路中心。經過多番嘗試，數名警員將水牛拉至路肩，漁護署及愛護動物協會人員亦到場協助。 水牛再度掙扎，步回公路中間，最後自行跳入公路中的草叢。漁護署人員其後向水牛發射麻醉槍，再將水牛抬上貨車運走。 香港牛隻保育協會指，漁護署回覆他們指，受傷水牛因骨折，已被人道處理，同行兩隻牛受驚過度，需在農場觀察，待情況改善再作安排。 受事故影響，青朗公路往九龍方向交通十分擠塞，至早上近十時全線解封，車龍才慢慢消散。

格隆汇3月18日｜据每经，网传“迪拜房价大跌50%”不属实，实际主流片区房价坚挺，但成交量下滑，投资者偏好由期房转现房。据Wind数据，迪拜房地产和建筑指数（DFMREI）自2月下旬以来出现明显下跌，近20日跌幅超过30％。专家认为，地缘动荡下高净值客户资产配置逻辑转变，迪拜楼市将向成熟市场靠拢，后续走势取决于冲突持续时间。

Barron's Investor Circle newsletter editor Josh Schafer joins Yahoo Finance Head of News Myles Udland and Morning Brief host Julie Hyman to discuss whether Nvidia's (NVDA) sideways trading over the past year is an actual problem.

格隆汇3月18日｜就美国考虑是否保留腾讯在当地游戏投资的市场传言，腾讯公司总裁刘炽平表示，腾讯在过去很长一段时间都在同美国的监管进行建设性沟通，整体情况朝正向发展，整体风险相对可控。一个原因是，相比社交媒体，游戏业务所谓的敏感性少很多。同时，腾讯在美国投资的公司还是由创始人管理和推动，且独立运营。在海外，腾讯游戏在美国有一些流程需要走，海外其他地方也欢迎腾讯对当地游戏公司进行投资。

David Rees, head of global economics at Schroders, discusses the impact of energy prices uncertainty on the Federal Reserve as the war in Iran continues. "If it is a relatively brief energy shock, I think you would look through that," he tells Bloomberg Television. He also discusses what to expect from Federal Reserve Chair Jerome Powell as the central bank prepares to deliver its interest rate decision on Wednesday. "I don't see him cutting rates. I think he's kind of backed away from that now," Rees adds.

On the evening of 29 December 2011, Officer Clifton Lewis was moonlighting as a security guard at a Chicago minimart when two men walked in. They shot Lewis several times, then took off with his gun and police star. A week later, police had their suspects: four men affiliated with a gang called the Spanish Cobras. For hours, under intense police questioning, they all said they didn’t do it. But that didn’t seem to matter. This is episode one of Off Duty, an investigation by the Guardian’s Melissa Segura Continue reading...

It's no surprise that millionaire investors are loading up on Bitcoin (BTC +0.23%) and Ethereum (ETH +0.16%). After all, these two cryptocurrencies have been market outperformers for more than a decade. It's a bit surprising, though, that these same investors are also adding meme coins to their portfolios. According to the latest Motley Fool research, 86% of high-net-worth cryptocurrency owners have invested in a meme coin like Dogecoin (DOGE 1.11%) or Shiba Inu (SHIB 0.65%). So what's going on here, and what might it mean for the way you construct your portfolio? In search of higher returns One plausible explanation is that these millionaire investors are simply looking to turbo-charge the performance of their portfolios. After all, the most commonly cited reason for investing in crypto, according to the Motley Fool research, is the potential for strong returns. By sprinkling in meme coins here and there, it's theoretically possible to generate stratospherically high returns. But is that really the case? Just look at the long-term performance of Dogecoin, which is easily the most popular cryptocurrency held by millionaires. During the fabulous bull market rally of 2020-2021, Dogecoin skyrocketed in price from mere pennies to an all-time high of $0.74. Expand CRYPTO : DOGE Dogecoin Today's Change ( -1.11 %) $ -0.00 Current Price $ 0.10 Key Data Points Market Cap $15B Day's Range $ 0.10 - $ 0.10 52wk Range $ 0.08 - $ 0.30 Volume 1.1B But since then, it's all been downhill for Dogecoin. It currently trades for a price of just $0.10, and even efforts by billionaire Elon Musk have failed to prop up the price of Dogecoin. If you bought Dogecoin at the peak of its popularity in May 2021, then you're down 86%. Will meme coin ETFs help? An interesting development is the recent launch of meme coin exchange-traded funds (ETFs). There are now ETFs offering single-crypto exposure to Dogecoin, and there are plenty of applications in the works for other meme coin ETFs. These ETFs...

Emerging market central banks have adopted a hawkish bias following the war-induced oil shock, yet fiscal concerns could weigh on domestic currencies as local governments attempt to mitigate the negative impact of rising energy prices. Cem Karacadag, head of global sovereign debt at Barings, joins Damian Sassower, Bloomberg Intelligence’s chief EM fixed income strategist, on this episode of the EM Lens podcast to assess portfolio risk, country exposure and institutional interest in the wake of t

“She would receive $200 more per month if she had received half of my benefit.”

Antonio Bordunovi/iStock Editorial via Getty Images By Mike Larson One trillion in AI chip sales. That’s what Nvidia Corp. ( NVDA ) CEO Jensen Huang just projected through 2027. Wall Street’s reaction was to... yawn. So, why weren’t a trillion bucks enough to move the stock? Check out the MoneyShow Chart of the Day, which shows trading in Nvidia stock over the past two days. Huang’s comments at the “Super Bowl of AI” conference gave the stock a boost... but it quickly petered out . NVDA: When a Trillion Bucks Doesn’t Buy What it Used to (Source: Yahoo Finance) It’s not just a short-term thing with Nvidia, either. The stock hasn’t gone anywhere since last August, with rallies quickly fading (but selloffs also contained). What’s going on? First, the company had already predicted a half-trillion in sales through the end of 2026. Throwing out a bigger-sounding number wasn't really a sales forecast boost. More of a timeline extension. Second, skepticism about the AI borrow-and-spend boom has been taking some of the wind out of the tech giant’s sails for a while. Concern over competition from other chipmakers has, too. None of that means you have to rush out and dump your Nvidia shares. But money is rotating out of “Big Tech” in search of new sectors and stocks. So, it wouldn’t hurt to diversify a bit if you’re looking for more action in your portfolio - rather than pronouncements that don't move the needle. Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors. Originally published on MoneyShow.com

High-bandwidth memory becomes the choke point for AI accelerators as AMD plans Seoul meetings with Samsung and Naver, while supply forecasts, HBM4 roadmaps and packaging capacity reshape pricing power, data centre buildouts and investor focus. SINGAPORE, SG / ACCESS Newswire / March 18, 2026 / Merifund Capital Management is flagging a tightening race for high-bandwidth memory, with AMD's chief executive set for talks in South Korea next week that put component supply on the same agenda as AI performance. Anthony Saunders, Director of Private Equity at Merifund Capital Management Pte. Ltd., describes the moment as "the point where the memory stack dictates the pace of the AI build, not the other way around". Lisa Su's itinerary includes a planned meeting with Samsung Electronics Chairman Jay Y. Lee on the 18th to map cooperation across HBM, DRAM and NAND procurement. It is Su's first business trip to the country since taking the top job more than a decade ago, a signal of how procurement and partnership building now sit at the core of accelerator strategy. Samsung is moving the latest HBM generation into mass production this month and industry expectations still point to tight availability through the coming year as hyperscalers and national AI programmes scale capacity. Saunders calls the current market "a negotiation for time as much as silicon", where qualification status and delivery windows increasingly decide whose accelerators reach volume first. Samsung declines to comment publicly on the meeting schedule, reflecting how sensitive memory allocations remain when multiple platform launches compete for the same supply. The visit also includes Naver Chief Executive Officer Choi Soo-yeon, with Naver Cloud acknowledging the planned discussion while keeping the agenda private. Industry watchers expect a focus on data centre expansion, sovereign AI infrastructure and next-generation computing partnerships, with Naver's scale positioning it as a consequential buyer of...

Daily Multivitamin Linked To Slower Biological Aging In New Clinical Trial Authored by Rachel Ann T. Melegrito via The Epoch Times (emphasis ours), Most people who take a daily multivitamin couldn’t tell you exactly why - but their bodies might know. A new clinical trial suggests there may be something measurable behind the routine: Older adults who took a daily multivitamin for two years showed slightly slower biological aging —equivalent to about four months—particularly among those whose biological age appeared older than their chronological age at the start. Daily Vitamin, Younger DNA? Biological aging refers to how well the body’s systems function relative to a person’s chronological age. Scientists can estimate biological age by reading chemical tags on DNA that change in predictable patterns as we get older—a measure known as an epigenetic clock. The study , published in Nature Medicine, examined whether daily multivitamins, containing a broad mix of essential vitamins and minerals, or cocoa extract supplements could influence biological aging. Researchers analyzed data from 958 randomly selected healthy older adults with a mean age of 70 who participated in the COcoa Supplement and Multivitamin Outcomes Study (COSMOS), a large, ongoing randomized clinical trial in the United States designed to test the health effects of both multivitamins and cocoa flavanol supplements in older adults. Participants were randomly assigned to one of four groups: multivitamins plus cocoa extract, multivitamins plus placebo cocoa extract, placebo multivitamins plus cocoa extract, or both placebos. Researchers analyzed blood samples taken at the start of the study and again at one and two years, tracking changes across five epigenetic clocks, two of which are linked to mortality risk. Compared with participants taking a placebo, those taking multivitamins showed slower aging in two epigenetic clocks linked to mortality risk. The effect translated to about four months less biologi...

Merifund Capital: AMD, Samsung Set Talks on AI Memory The Daily Tribune News

格隆汇3月18日｜以色列防长：一旦情报完整，我们将针对伊朗的每一位官员。

Danske Bank A S acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,158,796 shares of the chip maker's stock, valued at approximately $72,428,000. Get Intel alerts: Sign Up Several other large investors have also recently added to or reduced their stakes in INTC. Sivia Capital Partners LLC grew its stake in shares of Intel by 271.8% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after acquiring an additional 25,001 shares in the last quarter. United Bank bought a new position in Intel during the second quarter worth about $205,000. Meridian Wealth Management LLC raised its stake in Intel by 4.6% in the 2nd quarter. Meridian Wealth Management LLC now owns 11,983 shares of the chip maker's stock worth $273,000 after purchasing an additional 526 shares in the last quarter. Intech Investment Management LLC raised its stake in Intel by 26.4% in the 2nd quarter. Intech Investment Management LLC now owns 190,443 shares of the chip maker's stock worth $4,266,000 after purchasing an additional 39,790 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its holdings in Intel by 44.0% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 62,298 shares of the chip maker's stock valued at $1,395,000 after purchasing an additional 19,023 shares during the period. Institutional investors own 64.53% of the company's stock. Key Intel News Here are the key news stories impacting Intel this week: Insider Buying and Selling at Intel In other Intel news, EVP David Zinsner acquired 5,882 shares of Intel stock in a transaction that occurred on Monday, January 26th. The shares were acquired at an average cost of $42.50 per share, with a total value of $249,985.00. Following the completion of the purchase, the executive vice president directly owned 247,3...

Danske Bank A S acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 301,733 shares of the semiconductor company's stock, valued at approximately $84,271,000. Get TSM alerts: Sign Up A number of other institutional investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 1.0% in the third quarter. Fisher Asset Management LLC now owns 17,833,127 shares of the semiconductor company's stock worth $4,980,614,000 after purchasing an additional 168,171 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Taiwan Semiconductor Manufacturing by 3.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company's stock worth $4,401,448,000 after buying an additional 541,047 shares during the last quarter. Bank of America Corp DE grew its position in shares of Taiwan Semiconductor Manufacturing by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 14,935,893 shares of the semiconductor company's stock worth $4,171,445,000 after buying an additional 130,173 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 4.5% during the 3rd quarter. Jennison Associates LLC now owns 12,591,542 shares of the semiconductor company's stock worth $3,516,692,000 after acquiring an additional 544,750 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of Taiwan Semiconductor Manufacturing by 2.2% during the 3rd quarter. Alliancebernstein L.P. now owns 10,687,037 shares of the semiconductor company's stock worth $2,984,783,000 after acquiring an additional 229,237 shares in the last quarter. Institutional investors own 16...

大公司： 三星电子或发生大规模罢工，恐波及全球半导体产供链 据韩联社18日报道，由超过6.6万名韩国三星电子工会成员参与表决的投票结果显示，93.1%的工会成员赞成罢工。若无重大变化，三星电子工会成员将于5月21日至6月7日全面罢工。据韩联社报道，三星电子作为全球重要的存储芯片制造商，一旦发生罢工，可能进一步加剧由全球人工智能数据中心建设持续升温带来的全球半导体供应趋紧局面，其影响或波及汽车、计算机及智能手机等多个行业。 腾讯：四季度营收1943.7亿元，同比增长13% 36氪获悉，腾讯发布2025年第四季度及全年财报。财报显示，腾讯四季度营收1943.7亿元，同比增长13%；Non-IFRS经营利润695.2亿元，同比增长17%。全年营收7517.7亿元，同比增长14%；Non-IFRS经营利润同比增长18%。核心业务方面，Q4增值服务收入899.2亿元，同比增长14%，其中游戏业务收入同比增长21%；营销服务收入411.2亿元，同比增长17%；金融科技与企业服务收入608.2亿元，同比增长8%。在AI需求增长、产品创新和供应链优化带动下，腾讯云2025年实现规模化盈利。 字节内部发布“龙虾”相关安全规范，面向员工推出ByteClaw 字节跳动安全团队最近在内部发布了《OpenClaw安全规范和使用指引》，同步面向字节员工推出ByteClaw。该服务基于火山引擎ArkClaw企业版构建，可以在公司账号体系下实现统一的身份认证、访问控制与权限管理，支持员工安全调用公司内部资源。 百度推动大模型与搜推业务融合，何径舟任百度APP研发中心组织负责人 36氪获悉，日前，百度任命原大模型算法部何径舟自基础模型研发部（BMU）轮岗至移动生态事业群组（MEG），担任百度APP研发中心组织负责人，向罗戎汇报。原负责人赵世奇因个人原因离职。据知情人士透露，何径舟为百度自己培养的技术和管理型人才，在大模型算法领域有丰厚积累。此次轮岗将进一步推动大模型与搜推业务融合，强化大模型等前沿技术在搜索、推荐等核心场景的应用，推动产品迭代速度与质量双提升，帮助产品更好地面对技术代际变革，进一步提升用户体验。 社交平台X调整印尼用户年龄限制以符合新规 3月18日，印度尼西亚通信与数字事务部发表声明称，社交平台X已将印尼用户的最低年龄限制调整为16岁，以符合新规。声明称，X将于3月27日起识别并停用...

特朗普政府在周二提交的法庭文件中称，五角大楼将 Anthropic 列入黑名单的决定 合理且合法 ，并对这家人工智能实验室挑战该决定的高风险诉讼提出抗辩。 3 月 3 日，因 Anthropic 拒绝移除其技术不得用于自主武器或国内监控的安全限制，美国国防部长皮特・赫格塞斯将热门 AI 助手 Claude 的开发商 Anthropic 认定为 国家安全供应链风险 。 特朗普政府的文件称，Anthropic 主张美方行动违反美国宪法第一修正案言论保护条款的诉求 胜诉可能性极低 ，并坚称争议源于合同谈判与国家安全考量，而非报复行为。 “直至 Anthropic 拒绝解除其产品使用限制 —— 这种拒绝是 行为 ，而非受保护的言论 —— 总统才下令所有联邦机构终止与 Anthropic 的业务往来。” 政府法律文件写道。这份由美国司法部提交的文件还称， “无人试图限制 Anthropic 的表达活动” 。 Anthropic 已向加州联邦法院提起诉讼，请求法官在案件审理期间暂停五角大楼的决定。部分法律专家认为，该公司主张政府 越权 的论据颇为有力。 Anthropic 在一份声明中表示，正在审阅政府提交的文件。公司称：“寻求司法审查并未改变我们长期以来利用人工智能维护国家安全的承诺，但这是保护我们业务、客户及合作伙伴的必要举措。” 白宫未立即回应置评请求。 据 Anthropic 高管称，总统唐纳德・特朗普支持赫格塞斯的举措。该举措虽仅将 Anthropic 排除在有限的军事合同之外，但可能损害公司声誉，并导致今年 数十亿美元 的损失。 此次认定源于五角大楼与 Anthropic 数月谈判陷入僵局，促使特朗普与赫格塞斯公开谴责该公司，指责其使用限制 危及美国人生命 。 Anthropic 对上述说法予以反驳，称人工智能目前尚不安全， 不可用于自主武器 。公司还表示，从原则上反对国内监控。 责任编辑：郭明煜

The United States’ inclusion of Southeast Asian countries among economic partners it intends to investigate for unfair trade practices is expected to push the region further from Washington’s orbit. The probes, announced last week, could lead to new levies imposed on countries, based on allegations of forced labour and trade surpluses, even as the Donald Trump administration rails against a Supreme Court ruling that shot down sweeping tariffs imposed earlier. Seven countries from the Association of Southeast Asian Nations (Asean), including Singapore, Indonesia, Malaysia, Cambodia, Thailand and Vietnam, were named in the list that also featured other major US trading partners such as the European Union, China, South Korea, India and Japan. Advertisement “The US will no longer sacrifice its industrial base to other countries that may be exporting their problems with excess capacity and production to us. Today’s investigations underscore President Trump’s commitment to reshore critical supply chains and create good-paying jobs for American workers across our manufacturing sectors,” US Trade Representative Jamieson Greer said in a statement on March 11. “Across numerous sectors, many US trading partners are producing more goods than they can consume domestically. This overproduction displaces existing US domestic production or prevents investment and expansion in US manufacturing production that otherwise would have been brought online.” US Trade Representative Jamieson Greer. Photo: TNS Kevin Chen, an associate research fellow at the S. Rajaratnam School of International Studies (RSIS), said Trump’s defiance of the Supreme Court ruling indicated his side still wanted to make tariffs “the cornerstone of America’s trading relationship with the region”.

(RTTNews) - Indian shares ended higher for a third consecutive session on Wednesday as oil prices fell on signs of rising inventory and news that Iraqi and Kurdish authorities have agreed to resume oil exports through Turkey's Ceyhan port, offering some relief to investors worried about supply disruptions caused by the escalating U.S.-Israel war on Iran. The benchmark BSE Sensex surged 633.29 points, or 0.83 percent, to 76,704.13, extending gains for a third day running, with IT and auto stocks leading the surge after recent weakness. The broader NSE Nifty index jumped 196.65 points, or 0.83 percent, to 23,777.80, extending recovery from last week's sharp decline triggered by tensions in West Asia. The BSE mid-cap and small-cap indexes soared 1.8 percent and 2 percent, respectively. The market breadth was strong on the BSE, with 3,195 shares rising while 1,094 shares declined and 143 shares closed unchanged. Eternal soared 3.4 percent after brokerage JM Financial maintained a 'Buy' rating on the stock and asked investors to "aggressively accumulate" the stock at current levels with a 12 to 18-month horizon. IT stocks posted broad-based gains after fresh announcements at Nvidia GTC 2026 fueled optimism over AI demand and next-generation computing. TCS, HCL Technologies, Infosys and Tech Mahindra rallied 2-3 percent. Cyclicals and infrastructure-linked stocks advanced, with Larsen & Toubro rising 1.8 percent, Adani Ports adding 2.5 percent and Mahindra & Mahindra climbing 2.7 percent, reflecting continued optimism around domestic capex trends. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

顾家家居（603816）公告，截至减持计划（883921）披露前，高管欧亚非持有234.39万股，占公司总股本0.29%；因个人资金需求，拟自2026年4月13日至2026年7月12日，通过集中竞价方式减持不超过55万股，占其持股23.47%、占公司总股本0.07%，减持价格按减持时市场价格确定，若期间发生分红、送股、转增等事项，拟减持数量将相应调整。

Few companies are capturing the high-octane growth potential of artificial intelligence (AI) more than Oracle (ORCL 0.82%) at the moment. Oracle has taken a cash-fueled battering ram and slammed it into Amazon, Microsoft, and Alphabet's seemingly impenetrable cloud infrastructure fortress. The strategy is working, as Oracle is rapidly growing its AI revenue. But it comes at a steep cost, as Oracle's cash burn has evolved from a harmless scented candle to a full-blown bonfire. Here's why Oracle is confident that its costs are manageable, and whether the growth stock is a buy now. A leveraged bet on AI In just one year, Oracle has gone from free-cash-flow-positive to bleeding tens of billions of dollars per quarter -- showcasing the severity of its spending spree. Metric Q1 FY 2025 Q2 FY 2025 Q3 FY 2025 Q4 FY 2025 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 GAAP operating cash flow $19.1 billion $20.3 billion $20.7 billion $20.8 billion $21.5 billion $22.3 billion $23.5 billion Capital expenditures ($7.9 billion) ($10.7 billion) ($14.9 billion) ($21.2 billion) ($27.4 billion) ($35.5 billion) ($48.3 billion) Free cash flow $11.3 billion $9.5 billion $5.8 billion ($394 million) ($5.9 billion) ($13.2 billion) ($24.7 billion) Oracle's numbers look bad because capital expenditures (capex) are going toward building data centers that provide long runways for revenue growth. But in the meantime, they're a drain on cash flow. The simplest way for Oracle to return to FCF-positive territory would be to pause its expansion and give operating cash flow time to catch up. Oracle is aggressively building these data centers because customers are lining up at the door for cloud space, as Oracle exited its latest quarter with a record backlog of $553 billion in remaining performance obligations. When asked about its fiscal 2027 capex on its March 10 third-quarter fiscal 2026 earnings call, management didn't provide a clear answer, but it did say that if capex is higher, it won't require more cash ...

Key Points Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. 10 stocks we like better than Oracle › Few companies are capturing the high-octane growth potential of artificial intelligence (AI) more than Oracle (NYSE: ORCL) at the moment. Oracle has taken a cash-fueled battering ram and slammed it into Amazon, Microsoft, and Alphabet's seemingly impenetrable cloud infrastructure fortress. The strategy is working, as Oracle is rapidly growing its AI revenue. But it comes at a steep cost, as Oracle's cash burn has evolved from a harmless scented candle to a full-blown bonfire. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's why Oracle is confident that its costs are manageable, and whether the growth stock is a buy now. A leveraged bet on AI In just one year, Oracle has gone from free-cash-flow-positive to bleeding tens of billions of dollars per quarter -- showcasing the severity of its spending spree. Metric Q1 FY 2025 Q2 FY 2025 Q3 FY 2025 Q4 FY 2025 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 GAAP operating cash flow $19.1 billion $20.3 billion $20.7 billion $20.8 billion $21.5 billion $22.3 billion $23.5 billion Capital expenditures ($7.9 billion) ($10.7 billion) ($14.9 billion) ($21.2 billion) ($27.4 billion) ($35.5 billion) ($48.3 billion) Free cash flow $11.3 billion $9.5 billion $5.8 billion ($394 million) ($5.9 billion) ($13.2 billion) ($24.7 billion) Oracle's numbers look bad because capital expenditures (capex) are going toward building data centers that provide long runways for revenue growth. But in the meantime, they're a drain on cash flow. The simplest way for Oracle to return to FCF-positive territory would be to pause its expansion and give operating cash flow t...