Oracle Corp
ORCL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| PVl | LOCK|w<mn | LOCK|Rx!k>g% |
Oracle: Co-CEO Appointment Should Deepen Synergy Between Cloud Infrastructure and Applications
Oracle 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 4% in intraday trading.
