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fromBusiness Insider
1 week ago

Oracle's succession plan comes into clear view as its stock skyrockets

Oracle has appointed two new co-CEOs, as part of a succession plan put into motion months ago. Business Insider reported in June that Oracle had promoted cloud boss Clay Magouyrk and head of industries Mike Sicilia to the title of "president" as part of a succession plan, citing SEC filings and people familiar with the plans. Safra Catz, CEO since 2014, will become executive vice chair of the company's board of directors, the company announced. Larry Ellison, cofounder and former CEO, will continue as chief technology officer and executive chairman.
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fromNew York Post
5 months ago

Amazon shares slide on disappointing forecast, slowing cloud revenue

Amazon's cloud revenue growth has slowed, disappointing investors and leading to a drop in stock prices.
from24/7 Wall St.
5 months ago

Microsoft Is Up Big on Thursday, Here Is Where Wall Street Experts Think The Stock is Going

Our downgrade looks pretty foolish right now. No need to hide from it. The company subsequently put up one of its best quarters in recent memory.
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