On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

Cleveland Clinic President and CEO Tomislav Mihaljevic, MD, has been named to the board of Oracle. Dr. Mihaljevic has led the academic health system since 2018 and previously served as a director of ...

CEO, with Safra Catz stepping down. Clay Magouyrk and Mike Sicilia will both take the top spot, while founder Larry Ellison will remain as chairman and CTO. Magouyrk, previously Oracle Cloud ...

When Oracle announced on Monday that it is replacing longtime CEO Safra Catz, who has held that role since 2014, with two executives sharing the CEO role, it was the divergent nature of the two ...

Oracle CEO Mike Sicilia reveals host of new launches and announcements Oracle bidding to build “the world's largest AI cloud” 22 new Fusion AI apps and new database AI tools among new offerings The ...

(Reuters) -Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the ...

AUSTIN, Texas, April 6, 2026 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced the appointment of Hilary Maxson as Chief Financial Officer (CFO). Maxson will report to Chief Executive ...

During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new ...