Alibaba (BABA) Cloud Business CEO Steps Down & Oracle (ORCL) Earnings Preview

Former Alibaba (BABA) Chair Daniel Zhang steps down as BABA Cloud business CEO. A JPMorgan analyst notes that the management change at AliCloud reflects negatively on organizational stability and HR strategy. Zhang served as BABA CEO since 2015 and Chair since 2019. Kevin Green discusses this and previews Oracle’s (ORCL) earnings. Its adjusted EPS is estimated at $1.14 and revenue is estimated at $12.45B. Tune in to find out more about the stock market today.

Trading 360

11 Sep 2023

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