Oracle’s CEO, Safra Catz, and founder Larry Ellison have been actively promoting the enterprise software company’s transition to cloud computing for the past four years, despite initial skepticism on Wall Street. As Oracle continuously adds big names like OpenAI, Microsoft, and Google Cloud to its list of cloud clients, it has proven its capabilities in both cloud computing and artificial intelligence. This success has led Oracle’s stock to reach a new all-time high as the company turns its competitors into customers. Catz anticipates a return to double-digit revenue growth this year, which Oracle has not achieved in over a decade. With a focus on providing secure, comprehensive, and cost-effective enterprise applications and cloud infrastructure technologies, Oracle’s future growth prospects look promising.
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https://www.barrons.com/amp/articles/safra-catz-oracle-top-ceo-stock-price-00aa53d2
