TradingKey – Oracle (ORCL) shares jumped over 13% in short-term trading. Reportedly, the company announced at its Investor Day in Las Vegas on Wednesday that it expects to turn free cash flow positive in the second half of fiscal 2028, achieve at least $30 billion in free cash flow in fiscal 2029, and limit additional financing through fiscal 2030 to $20 billion.

Prior to this, investors generally expected the company’s free cash flow to remain negative in fiscal 2029. Consequently, this guidance directly improved market expectations regarding when AI infrastructure buildouts will stop continually consuming cash.

Driven by the news, ORCL shares rose sharply, up 12.29% to $146.57 as of press time.

Oracle stock price chart, Source:…