#CNBC Melius Research’s Ben Reitzes: Oracle CEO shake-up comes from ‘a position of strength’

Melius Research’s Ben Reitzes: Oracle CEO shake-up comes from ‘a position of strength’
Melius Research head of tech strategy Ben Reitzes joins Squawk on the Street to discuss Oracle’s surprise move to name Clay Magouyrk and Mike Sicilia as co-CEOs while Safra Catz shifts to executive vice chair. He explains why the transition underscores Oracle’s cloud momentum, what to watch for at October’s analyst day, and how revenue targets through 2030 could drive the stock.

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