The sudden surge for the 81-year-old Ellison came after shares in his company surged nearly 40 per cent on Wednesday. The AU$151.1 billion single-day gain pushed Ellison’s fortune to AU$597 billion, ...

Shares of Oracle Corp. surged 36% on Wednesday, September 10, after strong earnings for the quarter and stronger commentary from the management over the future of its cloud infrastructure business, ...

Agencies Who is Larry Ellison and what to learn from world's richest person on Earth? Oracle chairman overtakes Elon Musk as richest man after record stock surge. Ellison, 81, holds about 1.16 billion ...

OpenAI will pay Oracle $300 billion over the course of five years to fuel Sam Altman's AI ambitions by providing five gigawatts of compute capacity. At least that's what unnamed sources familiar with ...

US stocks mostly edged higher on Wednesday as Oracle's (ORCL) blowout revenue forecast lifted AI hopes, as its shares had their best day in over three decades. Meanwhile, wholesale inflation ...

Larry Ellison has grown $200 billion richer this year thanks to Oracle's stock surge. Oracle shares soared 42% on Wednesday after the software giant projected big revenue growth. The one-day surge ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...

Oracle surged to a record high in extended trading after the company posted a major increase in bookings and gave an aggressive outlook for its cloud infrastructure business. Known for its database ...

Oracle stock exploded more than 30% in premarket trading Wednesday after the company’s CEO unveiled a game-changing forecast: $144 billion in cloud revenue by 2030, powered by artificial intelligence.

In a series of posts on X, Cramer expressed astonishment at the market’s reaction and Oracle’s business pipeline. “Trying to figure out how much of that backlog for Oracle is Stargate because I don't ...

Elon Musk briefly lost his title as the world's richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald Trump. Ellison's wealth surged to $393bn (£290bn) on ...

Oracle’s cloud backlog jumped 359% to $455 billion after four massive contracts. Q1 revenue hit $14.9 billion, but software sales fell and GAAP earnings per share dropped. Multicloud database revenue ...