Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Tyler Radke, co-head of U.S. software research at Citi, joins 'Squawk on the Street' to discuss Oracle's latest earnings report, the slump in software stocks, and more.

The U.S.-Israeli war on Iran, now in its 12th day, shows no sign of easing. Three ships were hit by projectiles near the Strait of Hormuz, a conduit for a fifth of the world’s oil.