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.

1 Day ORCL -2.93% DJIA 0.44% S&P 500 -0.16% Technology 3.00% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of ...

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 ...

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 ...

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 ...

As part of its $300 billion cloud compute contract with OpenAI, Oracle may need to borrow roughly $100 billion over the next four years to build the datacenters required, according to KeyBanc's ...

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...

The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...

(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 ...

Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located ...

Oracle has seen its revenue take off in recent times thanks to demand for AI capacity. The company already hosts TikTok’s U.S. data -- a new agreement could represent additional revenue opportunities.