Tag Archives: Oracle

Oracle has announced that Safra Catz is stepping down as CEO after 11 years at the helm, with insiders Clay Magouyrk and Mike Sicilia being promoted as co-CEOs. Magouyrk previously led Oracle’s cloud infrastructure unit, while Sicilia presided over the company’s applications and AI products. The co-CEOs are now focused on leading Oracle “into the AI era,” according to a …

Oracle Names Magouyrk and Sicilia as CEOs, Replacing Catz  Bloomberg.com Oracle Corporation Announces Promotion of Clay Magouyrk and Mike Sicilia to CEOs; Safra Catz Appointed Executive Vice Chair of the Board of Directors  Oracle – Investor Relations Oracle Stock Rises After Naming Co-CEOs to Replace Safra Catz  Barron’s Oracle splits CEO role as Safra Catz steps down  Financial Times Oracle Names Co-CEOs as Safra …

Oracle Names Co-CEOs to Replace Safra Catz. The Stock Slips.  Barron’s Oracle Corporation Announces Promotion of Clay Magouyrk and Mike Sicilia to CEOs; Safra Catz Appointed Executive Vice Chair of the Board of Directors  Oracle – Investor Relations Oracle names Clay Magouyrk and Mike Sicilia as co-CEOs  CNBC Oracle Names Co-CEOs as Safra Catz Moves to Executive Vice Chair  Yahoo Finance Oracle appoints insiders …

Oracle Corporation Announces Promotion of Clay Magouyrk and Mike Sicilia to CEOs; Safra Catz Appointed Executive Vice Chair of the Board of Directors  Oracle – Investor RelationsView Full Coverage on Google News Source link

According to multiple reports, including Bloomberg and Reuters, Oracle Corp. (ORCL) is in advanced talks with Meta Platforms (META) for a multi-year cloud deal worth about $20 billion. The agreement would give Meta access to Oracle’s cloud power to train and run large AI models. The terms are not yet final and may still change, but the size signals how …

Oracle eyes $20 billion AI cloud computing deal with Meta, source says  ReutersView Full Coverage on Google News Source link

Oracle’s AI commitment requires debt, which marks an inflection point in a potential AI bubble; then, Apple finally increases iPhone prices Subscribe to Stratechery Plus for full access. $15 / month or $150 / year With Stratechery Plus you get access to the subscriber-only Stratechery Update and Stratechery Interviews, and the Sharp Tech, Sharp China, Dithering, Greatest of All Talk, …

Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports  Reuters We now know who the new owners of TikTok will be – if Trump gets his deal done with Xi  CNN US-China TikTok deal: Laws compliance, Congress approval, and challenges. Explained  Mint U.S. Investors, Trump Close In on TikTok Deal With China  The Wall Street Journal Beijing says TikTok’s …

TikTok Buyers Group to Include Oracle, Silver Lake, Andreessen  Bloomberg.com Oracle Stock Watch: TikTok Speculation Drives Pivotal $300 Test  The Tradable Oracle to keep TikTok Cloud deal under new agreement – CNBC  StreetInsider Kevin O’Leary suggests ByteDance sale opportunity amid US TikTok interest  Traders Union TikTok Is a Waste of Money for Oracle  24/7 Wall St. Source link

Don’t look now, but the stock market is back to breakeven. The Nasdaq Composite turned positive on Tuesday, while the S&P 500 was flat. The Dow was still down 89 points, or 0.2%. But breadth was improving slightly as the day rolled on: The Invesco S&P 500 Equal Weight ETF was down just 0.2% and climbing with roughly 209 S&P …