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Real-time News
Iranian Vice President: Iran and Russia will sign documents to build new nuclear power units.On September 22, Russian President Vladimir Putin stated that Russia will adhere to the New START Treaty within a year of its expiration and expects the United States to take similar measures. Speaking at a Russian Security Council meeting on Monday, Putin stated that Russia is not interested in further tensions or an arms race, while discussing what he called a deterioration in strategic stability. Putin announced the suspension of his participation in the New START Treaty in 2023, but at the time, Moscow pledged to continue to abide by the treatys terms until its expiration.On September 22, Oracle (ORCL.N) announced the promotions of Clay Magouyark and Mike Sicilia to CEO. As a founding member of Oracles cloud engineering team, Magouyark led the design, implementation, and commercial success of the second-generation OCI platform. Under his leadership, OCI has achieved unprecedented growth and has become the platform of choice for AI training and inference. Mike Sicilia has deep expertise in vertical applications and applied AI. His engineering team pioneered the use of intent-based application generation technology, replacing traditional coding methods for building Oracle applications. His team also integrated highly complex AI agents into Oracles application suite for industries such as healthcare, banking, communications, utilities, hospitality, and retail. Oracle Chairman and CTO Larry Ellison said, "Clay and Mike are both proven leaders, and I look forward to working alongside them in the years ahead. Oracles future is bright."Oracle (ORCL.N) fell 1.1% in premarket trading.Oracle (ORCL.N) reiterated its full-year earnings outlook.
