KeyBanc expects Oracle's cloud capex conversion rates to outperform AWS and Azure, signaling growth potential.
Oracle has officially entered a new chapter. The software giant said Monday it is elevating Clay Magouyrk, president of cloud infrastructure, and Mike Sicilia, president of industries, to the role of ...
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
Oracle is spending aggressively on cloud and AI infrastructure, but its free cash flow is already showing strain. High debt and thin liquidity make Oracle more financially vulnerable. Execution risk ...
Oracle has sort of come roaring back as one of the centers of that trade. And Safra Catz, one of the most powerful women in tech, now moving into a different role. 00:09 Speaker B Indeed. In fact, ...
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, signaling a major shift towards its burgeoning cloud computing business. This strategic move comes as Safra Catz transitions to ...
(Reuters) - Oracle shares retreated on Thursday after a record AI-driven surge in the previous session that brought the company closer to the trillion-dollar mark and put co-founder Larry Ellison ...
Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...
Larry Ellison, founder of Oracle, briefly became the world’s richest person on Wednesday, overtaking Tesla CEO Elon Musk. Though as a function of the share market volatility, Musk regained the top ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...