Oracle CEO Mark Hurd on the company's investment in its NetSuite division, the app market and the growth of cloud computing.
https://finance.yahoo.com/video/oracle-ceo-ai-integrated-autonomous-120638194.html
4 replies (most recent on top)
Even though it's been around since the late 1950s, "AI" is another buzzword that the financial analysts like to hear and MH knows that. Speaking of MH, man he looks to have aged a lot from the usual picture that Oracle communications puts out of him.
MH wouldn’t know AI if it bit him in the butt
"Oracle would take on debt to keep buying back stock!!!!"
Like, OMG, like, OMG, sky's falling, OMG.
Also on Maria M Fox Business
https://www.foxbusiness.com/business-leaders/oracles-explosive-database-business-is-smart-human-less-ceo-mark-hurd-says
Talks about businesses they are giving up on, bazillion times sale growth on auton db
Also declines to answer when asked if Oracle would take on debt to keep buying back stock!!!!
Desperate to keep propping up stock. If not, layoff. Also in abandoned businesses.