Oracle’s New CFO Speaks to Focus on Infrastructure: Street Wrap

Oracle shares are down 1.1% on Monday, after the company named Hilary Maxson as CFO, effective April 6. Maxson previously served as Group CFO at Schneider Electric.

• Read more: Oracle Taps New CFO to Navigate Data Center Building Spree (2)

ANALYST COMMENTARY

• Bloomberg Intelligence
  • “The choice of an industrial company CFO highlights the importance of the buildup of AI infrastructure within Oracle, and signals that growth lies in the Oracle Cloud Infrastructure segment, not databases or applications”
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• KeyBanc Capital Markets (overweight, PT $300)
  • The hiring “doesn’t signal a shift as much as it is just ...