It is a far cry from the company’s last quarterly results, released in September, when news of a series of AI deals boosted its bottom line and saw its share price soar 40 percent, briefly making founder and CTO Ellison the world’s richest man.

Oracle co-CEOs Clay Magouyrk and Mike Sicilia weighed in on the cloud applications, infrastructure and multicloud businesses during the database vendor’s Q2 earnings call.

CNBC's Seema Mody talks latest comments from Oracle CEO Larry Ellison on investors call. After winning his first Oscar, Tom Cruise kept repeating the same 2-word phrase. It’s a lesson in emotional intelligence

Oracle ORCL announced on Sept. 22 that Safra Catz will move to a board role after 11 years as CEO. Clay Magouyrk, president of Oracle Cloud Infrastructure, and Mike Sicilia, president of Oracle Industries, have been promoted to co-CEOs. The shares were up ...

Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company’s board. The announcement comes as Oracle founder Larry Ellison has been named as part of a group that could be ...

With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, $ORCL has not earned its premium valuation.

In the December 10 earnings call, Oracle CEO Larry Ellison said that the company is focusing on solving the “very important problem” of how to enable the most recent AI models to complete multistep reasoning on private enterprise data without compromising the data.