Thursday, 11 June 2026 03:42 PM
Class Action
NEW YORK CITY, NY / ACCESS Newswire / June 11, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation into Oracle Corporation ("Oracle Corporation") (NYSE:ORCL) concerning potential violations of the federal securities laws.
Oracle reported "record" fourth quarter and full year 2026 earnings. However, company announced plans to increase CapEx to up to $95 billion in fiscal 2027, compared with $55.66 billion in fiscal 2026 and against analyst expectations for shy of 68 billion. As a result of this increased spend, management further revealed that "2027 gross margin will step down," adding to the existing "around 5 points" reduction in margins reported for fiscal 2026.
To support this continued AI buildout, Oracle further announced plans to raise another $40 billion for fiscal 2027 against a projected revenue of only $70 billion for the year full year.
If you suffered a loss on your Oracle Corporation securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
SOURCE: Levi & Korsinsky, LLP