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 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.

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 has appointed two insiders to the position of co-CEO, with Safra Catz stepping down. Clay Magouyrk and Mike Sicilia will both take the top spot, while founder Larry Ellison will remain as ...

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, ...

Oracle Cloud has partnered with e& enterprise – the digital transformation arm of UAE telco e& (formerly Etisalat) – to deliver the next generation of OneCloud, a UAE-based sovereign hyperscale cloud ...

Oracle and Microsoft stand as titans in the cloud computing and AI landscape, each leveraging its legacy enterprise software foundations to capture the explosive growth in AI-driven cloud ...

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 4.9% in the afternoon session after the company was initiated with a 'Sell' rating by Rothschild Redburn and announced plans to raise up to ...

The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...

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. In a note ...