Oracle’s cloud backlog jumped 359% to $455 billion after four massive contracts. Q1 revenue hit $14.9 billion, but software sales fell and GAAP earnings per share dropped. Multicloud database revenue ...
Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
Oracle appoints two new co-CEOs as former leader Safra Catz becomes executive vice chair of Oracle’s board. Here’s what you need to know about Oracle’s new CEOs, Clay Magouyrk and Mike Sicilia. Oracle ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Oracle CEO Safra Catz smiles during a dinner with ...
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 (ORCL) stock went up 3% on Monday after news about a big TikTok deal and a CEO change, White House confirmation, NYSE real-time data. A senior White House official confirmed that Oracle is part ...
The optimism was echoed by analysts. Piper Sandler’s Brent Bracelin maintained an Overweight rating and raised the price forecast from $270 to $330, highlighting Oracle’s transformation from a ...
Oracle Corp. today appointed Clay Magouyrk and Mike Sicilia as co-chief executive officers. Magouyrk and Sicilia are succeeding longtime CEO Safra Catz, who is moving to the role of executive vice ...
Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...
Oracle buying TikTok: Shares of Oracle jumped more than 3% on Tuesday morning, following reports that the company may be nearing a deal to acquire TikTok, as per a report. The boost came as US and ...
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