Oracle is set to transform into a top-tier cloud infrastructure player after securing a $300 billion, five-year deal with OpenAI. The "Stargate" project will see ORCL deliver massive AI data center ...
Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.
On Monday, September 22, Oracle's stock surged over 6% following a significant leadership change. The company announced that CEO Safra Catz will transition to Executive Vice Chair, and the CEO role ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...
Rothschild & Redburn analyst Alex Haissl initiated Oracle stock with a sell rating this morning. Haissl's $175 price target implies Oracle stock will fall 40% over the next 12 months. Oracle could ...
Oracle (ORCL) is the latest mega-cap tech name putting up truly outstanding returns on the promise of artificial intelligence (AI), but long-time shareholders know ORCL stock has been a market-beating ...
Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
(Bloomberg) --Oracle Corp. sold $18 billion US investment-grade bonds on Wednesday, the market’s second-largest deal this year, as the software maker ramps up its spending to meet the needs of the ...
(Bloomberg) --Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle Corp.
Sept 24 (Reuters) - Oracle (ORCL.N), opens new tab is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest heavily in building out cloud ...
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