Karen Moscow

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John of God was once Brazil's most famous spiritual healer.

This is Bloomberg Tech.

Coming up, Oracle reports strong sales and issues an outlook that suggests little let up in demand for AI computing.

We break down the results.

Plus, Meta plans to deploy four new generations of its in-house AI chips by the end of 2027 to help power its rapidly expanding AI workloads.

And Uber will let customers hail robo-taxis from Amazon Zoox, starting in Las Vegas this summer.

We'll hear from both companies in an exclusive interview later this hour.

There's one big mover in technology, and it's Oracle, on track for its best day since September, up around 11-12%.

The numbers are very clear.

Sales of $90 billion for the fiscal year starting in June.

Capital expenditures holding at $50 billion.

The backlog is rising.

And so the market's looking at this and saying, OK, the AI demand story is intact.

Now it's about execution risk and credit risk.

And how is Oracle going to manage cash to fund all of this?

There's a lot more behind the numbers, Caro.

There is, and we can dig into them and the results of Bloomberg's Brodie Ford.

Look, they did enough to stay off any anxiety.