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More companies adopt co-CEO structure
Reuters· 2025-09-22 16:10
Enterprise software maker Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was named vice chair of the board after 11 years at the helm. ...
Factbox-Five facts about Oracle's co-CEOs Clay Magouyrk and Mike Sicilia
Yahoo Finance· 2025-09-22 16:09
(Reuters) -Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs on Monday, replacing Safra Catz, who was at the helm of the cloud services provider for 11 years. Catz will remain with the company as vice chair of the board. Here are five things to know about Oracle's new chiefs Magouyrk and Sicilia: Clay Magouyrk * Magouyrk, 39, holds a Bachelor of Science degree inelectrical engineering from the University of Memphis. His earlyprofessional experience includes engineering roles at HiltonHote ...
Oracle Stock Gains After Naming Pair Of CEOs. Why Wall Street's Not Sweating The Transition.
Investors· 2025-09-22 16:58
BREAKING: Futures Fall With Market At Highs; Tesla Climbs Oracle (ORCL) has named a pair of co-chief executives to replace former chief executive Safra Catz, who is becoming executive vice chair of Oracle's board. The software giant said early Monday that Clay Magouyrk and Mike Sicilia are now its co-CEOS. Magouyrk was previusly president of Oracle's cloud infrastructure business while Sicilia was Oracle Industries President. Oracle stock was down 1% at 305.13 in recent premarket trading on the stock market ...
Oracle Names Co-CEOs to Replace Catz as Software Provider Raises AI Bets
Yahoo Finance· 2025-09-22 15:18
Julian Sullivan / Getty Images Oracle shares have risen this year as the software provider benefited from the AI boom. KEY TAKEAWAYS Oracle Monday named two new co-CEOs, including the former head of its cloud infrastructure business, to take over from Safra Catz as the software firm boosts its bets on AI. Oracle said Monday that Clay Magouyrk, president of Oracle’s cloud infrastructure business, and Mike Sicilia, president of Oracle Industries, will be co-CEOs. Oracle shares have surged this year as ...
The Mortgage Market Gets Its Groove Back
Yahoo Finance· 2025-09-22 15:15
Tyler Crowe: The mortgage market gets a much-needed jolt, and Oracle has its best day since the dot-com boom. Motley Fool Money starts now. Welcome to Motley Fool Money. I'm Tyler Crowe, joined by longtime Fools Matt Frankel and Jon Quast. Today, we're going to follow up on Oracle's blockbuster quarter that it reported after the close on Tuesday, how that impacts AI and a major milestone for ETFs that we just passed, and, of course, we're going to do some radar stocks, maybe a little couple extras, but firs ...
Jefferies' Brent Thill: Oracle has tapped the right people to take over
Youtube· 2025-09-22 15:14
Welcome back. Oracle announces uh leadership changes this morning. Clay McGor and Mike Cecilia as CEOs.Current CEO Safrey Catatz will become the executive vice chair of the board of directors. Jeffrey's research analyst Brent Phil joins us. Got a buy rating on Oracle price target 360.All right. What do you make of it, Brent. >> Well, timing is surprising.Uh David, I I think obviously Saffron and and Larry have had a good run together. Sapper's delivered incredible value for the last decade as CEO. Um, so I ...
Oracle Corporation - Special Call
Seeking Alpha· 2025-09-22 15:13
公司AI战略定位 - 公司被公认为人工智能领域的创新者和领导者 [4] - 公司以"AI改变一切"为核心标语并已将其内化为自身发展理念 [4] 业务发展态势 - 公司在人工智能领域的发展势头被描述为"极其惊人" [4]
Oracle's TikTok And Meta Updates Are Game Changers
Seeking Alpha· 2025-09-22 15:12
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Amrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winn ...
Oracle appoints joint CEOs focused on 'AI era'
Proactiveinvestors NA· 2025-09-22 15:10
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
TikTok deal won't include 'golden share' or equity for U.S., Trump administration says
CNBC· 2025-09-22 14:58
White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok's algorithm and data are controlled by America and are majority-owned by Americans in the United States.A preliminary deal to keep TikTok alive in the United States will not involve the federal government taking an equity stake or a "golden share" in the social media company, a senior White House official said Monday.The official confirmed that the deal will relocate the popular video app's U.S. ...