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    Oracle Corp (ORCL)

    Oracle Corporation is a leading technology company that operates through three main business segments: cloud and license, hardware, and services. The company provides a wide range of products and services, including cloud services, license support, engineered systems, and industry-specific hardware, to help customers access and optimize Oracle Cloud applications and infrastructure technologies . Oracle's business model emphasizes flexibility and interoperability, offering on-premise, cloud-based, and hybrid IT deployment models to meet diverse customer needs .

    1. Cloud and License - Offers cloud services and license support, providing customers access to Oracle Cloud applications and infrastructure technologies, along with cloud license and on-premise license offerings .
    2. Hardware - Involves the sale of Oracle Engineered Systems, servers, storage, and industry-specific hardware, along with related software and support services .
    3. Services - Provides services to help customers maximize the performance of their Oracle applications and infrastructure technologies .

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    NamePositionExternal RolesShort Bio

    Lawrence J. Ellison

    ExecutiveBoard

    Chairman of the Board, CTO

    None

    Founder of Oracle (1977), served as CEO until 2014, and continues to lead product engineering and strategy. Owns ~41.6% of Oracle's common stock.

    View Report →

    Safra A. Catz

    ExecutiveBoard

    CEO

    Director at The Walt Disney Company; Member of U.S. Homeland Security Advisory Council

    Joined Oracle in 1999, served as President and CFO before becoming CEO in 2014. Key leader in Oracle's growth and strategic direction.

    View Report →

    Edward Screven

    Executive

    EVP, Chief Corporate Architect

    Board Member at Ampere Computing Holdings LLC

    Joined Oracle in 1986, leads Oracle's overall architecture and technology strategy. Announced retirement effective February 2025.

    Maria Smith

    Executive

    EVP, Chief Accounting Officer

    None

    Current Chief Accounting Officer (Principal Accounting Officer). No additional details provided in the documents.

    Stuart Levey

    Executive

    EVP, Chief Legal Officer

    None

    Joined Oracle in 2022. Former CEO of Diem Association and Chief Legal Officer of HSBC Holdings. Brings extensive legal and regulatory expertise.

    Bruce R. Chizen

    Board

    Independent Director

    Senior Adviser at Permira Advisers LLP; Strategic Advisor at Voyager Capital; Operating Partner at Permira Growth Opportunities; Chairman of ChargePoint, Inc. and Informatica Inc.; Director at Synopsys, Inc.

    Former CEO of Adobe Systems. Provides expertise in technology, corporate governance, and financial oversight.

    Charles W. Moorman

    Board

    Independent Director

    Senior Advisor to Amtrak; Director at Chevron Corporation

    Former CEO of Norfolk Southern Corporation and Amtrak. Provides expertise in transportation, logistics, and governance.

    George H. Conrades

    Board

    Lead Independent Director

    Executive Advisor to Akamai Technologies, Inc.; Managing Partner at Longfellow Venture Partners; Partner Emeritus at Polaris Venture Partners

    Former CEO and Chairman of Akamai Technologies. Brings expertise in global operations and technology strategy.

    Jeffrey O. Henley

    Board

    Vice Chairman of the Board

    None

    Former CFO (1991–2004) and Chairman of the Board (2004–2014). Currently Vice Chairman, contributing financial expertise and strategic guidance.

    Leon E. Panetta

    Board

    Independent Director

    Co-founder and Chairman of Panetta Institute for Public Policy

    Former U.S. Secretary of Defense and CIA Director. Brings expertise in government affairs and public policy.

    Naomi O. Seligman

    Board

    Independent Director

    Senior Partner at Ostriker von Simson, Inc.

    Co-founder of the Research Board, Inc. Brings expertise in IT strategy and operations.

    Rona A. Fairhead

    Board

    Independent Director

    Chair of RS Group plc; Senior Independent Director of CVC Capital Partners plc; Member of U.K. House of Lords

    Former U.K. Minister of State for Trade and Export Promotion. Brings expertise in finance, risk management, and global operations.

    William G. Parrett

    Board

    Independent Director

    Director at Blackstone Inc. and Thoughtworks, Inc.

    Former CEO of Deloitte Touche Tohmatsu. Provides expertise in auditing, accounting, and risk management.

    1. Oracle's CapEx is expected to double in fiscal year 2025 compared to FY24; given this significant investment, how does Oracle plan to manage the risk of underutilization if demand does not meet expectations, and what measures are in place to align CapEx with actual revenue growth?

    2. OCI's impressive growth is largely driven by AI workloads, with GPU consumption up 336% in the quarter; how sustainable is this growth given the competitive landscape, and how does Oracle plan to maintain robust margins amidst potential pricing pressures and increased competition in AI infrastructure services?

    3. Oracle's multi-cloud partnerships with Azure, Google, and AWS are still relatively new; could you elaborate on the challenges Oracle faces in expanding these partnerships, especially since these partners are also competitors, and how does this impact your strategy for migrating databases to the cloud?

    4. With the Remaining Performance Obligation (RPO) reaching $97.3 billion but only 39% expected to be recognized over the next 12 months, is there concern about potential delays or cancellations affecting revenue recognition, and how does this impact Oracle's revenue visibility and predictability?

    5. Given Oracle's substantial reliance on NVIDIA GPUs for AI workloads and the 336% increase in GPU consumption, how is the company addressing potential supply chain risks or dependency on a single hardware supplier, and what strategies are in place to mitigate these risks?

    Program DetailsProgram 1
    Approval DateNot specified
    End Date/DurationNo expiration date
    Total additional amountNot specified
    Remaining authorization amount$6.7 billion as of November 30, 2024
    DetailsThe program's pace depends on factors like working capital needs, cash requirements for acquisitions, dividend payments, debt obligations, stock price, and market conditions. It can be accelerated, suspended, delayed, or discontinued at any time.
    YearAmount Due (Billions)Debt TypeInterest Rate (%)% of Total Debt
    20242.0 Senior NotesN/A2.3% = (2.0 / 88.624) * 100
    20253.5 Senior NotesN/A4.0% = (3.5 / 88.624) * 100
    20252.5 Senior NotesN/A2.8% = (2.5 / 88.624) * 100
    20291.5 4.20% Senior Notes4.20 1.7% = (1.5 / 88.624) * 100
    20341.75 4.70% Senior Notes4.70 2.0% = (1.75 / 88.624) * 100
    20541.75 5.375% Senior Notes5.375 2.0% = (1.75 / 88.624) * 100
    20641.25 5.50% Senior Notes5.50 1.4% = (1.25 / 88.624) * 100

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets. Additionally, the company's multicloud strategy involves working with this competitor's cloud products, which could lead customers to migrate away from its offerings.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets. Additionally, there is broader platform competition between the company's Java technology platform and this competitor's .NET programming environment. The company's multicloud strategy also involves working with this competitor's cloud products, which could lead customers to migrate away from its offerings.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    The company competes directly with offerings from this competitor in the enterprise cloud, license, and hardware markets.

    Following the acquisition of Cerner Corporation, the company faces competition from this healthcare IT provider.

    Arcadia Solutions

    Following the acquisition of Cerner Corporation, the company faces competition from this healthcare IT provider.

    athenahealth, Inc.

    Following the acquisition of Cerner Corporation, the company faces competition from this healthcare IT provider.

    Epic Systems Corporation

    Following the acquisition of Cerner Corporation, the company faces competition from this healthcare IT provider.

    InterSystems Corporation

    Following the acquisition of Cerner Corporation, the company faces competition from this healthcare IT provider.

    NameStart DateEnd DateReason for Change
    Ernst & Young LLP2002PresentCurrent auditor

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Cerner Corporation

    2022

    Oracle acquired Cerner Corporation for approximately $28.2 billion in cash (plus an additional $55 million for restricted stock-based awards) after initiating a tender offer on January 19, 2022, with the deal completing on June 8, 2022. The acquisition, funded partly through $15.7 billion in borrowings and the assumption of Cerner’s senior notes, is part of Oracle’s strategy to enhance its healthcare technology offerings across cloud, hardware, and services.

    Recent press releases and 8-K filings for ORCL.

    Oracle launches Globally Distributed Exadata Database on Exascale Infrastructure
    $ORCL
    Product Launch
    • Oracle announced general availability of Globally Distributed Exadata Database on Exascale Infrastructure, a serverless service that automatically distributes, stores, and synchronizes data across OCI regions to keep mission-critical applications online during regional outages.
    • The service delivers high performance for AI and analytics through elastic scalability, mission-critical availability with Raft replication for zero data loss failover, automated data residency, and cost-efficient scaling for variable agentic AI workloads.
    • PayPal will leverage the always-on, serverless architecture and built-in replication to accelerate response times and enhance application resilience as its global business grows.
    • Architecture supports Active/Active/Active deployments across multiple data centers, petabyte-scale AI and analytics, hyperscale OLTP processing millions of transactions per second, and improved user proximity for low-latency access.
    2 days ago
    Oracle partners with Bloom Energy to power AI data centers
    $ORCL
    New Projects/Investments
    • Oracle will deploy Bloom Energy fuel cells at select US OCI data centers to deliver onsite power within 90 days, supporting AI and cloud services.
    • Fuel cells will offer clean, reliable, and cost-efficient energy for large-scale AI workloads, aligning with OCI’s growth strategy.
    • Bloom Energy has deployed over 400 MW to power data centers globally and 1.5 GW across 1,200 installations.
    • The collaboration enhances Oracle’s sustainable, rapidly deployable energy portfolio for high-performance AI infrastructure.
    Jul 24, 2025, 1:00 PM
    Oracle Seeks $100M Cloud Deal Amid Paramount Acquisition Bid
    $ORCL
    M&A
    New Projects/Investments
    • Oracle is negotiating a cloud software contract potentially worth $100 million annually, contingent on Skydance’s $8 billion bid to acquire Paramount Global.
    • The combined Skydance-Paramount entity would adopt Oracle’s cloud services to modernize systems, targeting hundreds of millions in cost savings by replacing legacy platforms.
    • Larry Ellison is financially backing Skydance’s acquisition effort; Skydance invested $2.2 million in Oracle cloud services over the past year.
    • Analysts rate Oracle as an 'Outperform' with an average one-year price target of $236.90, though some valuation models suggest the stock may be overvalued.
    Jul 21, 2025, 10:06 PM
    Oracle’s Ellison becomes world’s second richest person
    $ORCL
    • Oracle co-founder Larry Ellison surpassed Mark Zuckerberg to become the world’s second richest person with a net worth of $251.2 billion.
    • Oracle shares are up over 40% year-to-date, driven by investor optimism around AI.
    • Analysts view Oracle’s evolution into a hyperscaler—offering both public and private cloud environments with a full software stack—as a key growth thesis.
    • A potential cost disadvantage arises from Oracle’s lack of proprietary chip technology versus AWS, Microsoft Azure and Google Cloud.
    • For fiscal year 2025, Oracle reported $57.3 billion in revenue versus $245.1 billion at Microsoft, highlighting its smaller scale.
    Jul 16, 2025, 8:54 PM
    Oracle Java audit survey reveals high compliance costs
    $ORCL
    • 27% of enterprises spend over $500,000 annually on software license non-compliance, and 73% have faced an Oracle Java audit in the past three years, with nearly 80% migrating or planning to migrate to open-source Java alternatives.
    • 96% of organizations are concerned about Oracle’s Java pricing and licensing policies, driving 79% to migrate, be migrating, or plan to migrate to open-source alternatives for better cost control and compliance.
    • 66% of survey respondents estimate at least 40% cost savings by switching from Oracle Java to open-source Java alternatives.
    • The global ITAM market grew from $1.15 billion in 2019 to $1.49 billion in 2023 (CAGR 6.9%), and the SAM subset is projected to expand at a 16% CAGR through 2029, reflecting increased investment in software asset management.
    Jul 15, 2025, 1:00 PM
    Oracle plans $3B AI, cloud investment in Germany and Netherlands
    $ORCL
    New Projects/Investments
    Revenue Acceleration/Inflection
    • Oracle to invest $3 billion over five years in AI and cloud infrastructure, allocating $2 billion to Germany and $1 billion to the Netherlands.
    • Expansion boosts AI capacity in Oracle Cloud Frankfurt and Amsterdam to support manufacturing, automotive, renewable energy, science, and healthcare sectors.
    • Secured 75% federal discounts on license-based software and substantial cloud service reductions through November via GSA agreements.
    • CEO Safra Catz highlighted 100%+ year-over-year growth in MultiCloud database revenue, underpinning a strong start to fiscal 2026.
    • Analysts maintain an 'Outperform' rating with a modest 0.28% upside and an average price target of $229.93.
    Jul 15, 2025, 7:44 AM
    Oracle announces general availability of Oracle Database@AWS
    $ORCL
    Product Launch
    • Oracle and AWS launched Oracle Database@AWS, enabling customers to run Oracle Exadata Database Service and Oracle Autonomous Database on OCI within AWS U.S. East (N. Virginia) and U.S. West (Oregon), with expansion to 20 more AWS Regions planned.
    • The service features zero-ETL integration, Oracle Real Application Clusters (RAC), and Oracle Database 23ai with embedded AI Vector Search to streamline migrations and enhance analytics and AI workloads.
    • Simplified procurement via AWS Marketplace supports Bring Your Own License (BYOL), Oracle Support Rewards, and existing AWS commitments, reducing complexity and cost.
    • Early adopters including Fidelity Investments, Nationwide, and SAS report efficiency gains and alignment with their cloud strategies using the new service.
    Jul 8, 2025, 12:00 PM
    Oracle expands data center lease with OpenAI under Stargate initiative
    $ORCL
    New Projects/Investments
    • OpenAI leases an additional 4.5 GW of data center power from Oracle, part of the joint Stargate initiative to invest $500 billion in U.S. AI infrastructure over four years.
    • Oracle is developing new data centers in Texas, Michigan, Wisconsin, and Wyoming, and plans to expand its Abilene, Texas site from 1.2 GW to ~2 GW capacity.
    • Each gigawatt of leased power can supply electricity to 750,000 American homes, underscoring the scale of the deal.
    • Oracle’s stock has risen 36.4% year-to-date, reflecting investor optimism driven by the Stargate partnership.
    Jul 2, 2025, 8:44 PM
    Oracle joins consortium to acquire TikTok US operations
    $ORCL
    M&A
    • Oracle Corp is part of a US-based consortium—including Andreessen Horowitz and Blackstone—seeking to purchase TikTok’s US operations from ByteDance.
    • The group aims to reduce ByteDance’s US ownership below the threshold set by the 2024 law and transfer control of the algorithm as part of the sale.
    • Final approval hinges on the Chinese government, since ByteDance oversees sensitive technology requiring Beijing’s sign-off.
    • President Biden signed a third extension on June 19, 2025, pushing the divestiture deadline into September, though only one extension is legally permitted.
    Jun 30, 2025, 6:52 PM
    Oracle Cloud Infrastructure adopted by leading AI innovators
    $ORCL
    Product Launch
    • Oracle’s OCI AI infrastructure and OCI Supercluster have been selected by Fireworks AI, Hedra, Numenta, Soniox and others for scalable, high-performance AI training, inference and HPC workloads.
    • Fireworks AI runs on OCI bare metal with NVIDIA Hopper and AMD MI300X GPUs to serve over 2 trillion inference tokens daily.
    • Hedra uses OCI bare metal accelerated by NVIDIA Hopper GPUs to cut GPU costs, speed up model training and accelerate its Character-3 multimodal video foundation models.
    • Numenta leverages OCI bare metal with NVIDIA GPUs for faster deep-learning training, while Soniox trains its real-time, multilingual speech AI model for 60 languages on the same infrastructure.
    Jun 18, 2025, 12:00 PM