Capital expenditures are expected to rise to over $25 billion in fiscal 2026, driven by investments in AI-capable data centers. Oracle's multi-cloud strategy, including partnerships with Microsoft Azure (MSFT), Google Cloud (GOOGL), and Amazon Web Services (AMZN), is accelerating enterprise cloud migration. Analysts forecast revenue to grow from $57.4 billion in fiscal 2025 to $122 billion by fiscal 2030.