Larry Ellison, founder of Oracle, briefly became the world’s richest person on Wednesday, overtaking Tesla CEO Elon Musk. Though as a function of the share market volatility, Musk regained the top ...

Oracle cofounder, CTO and Executive Chairman Larry Ellison speaks during a news conference with President Trump at the White House on Jan. 21 in Washington, D.C. (Andrew Harnik/Getty Images) Oracle ...

Oracle share price surged 36% after the company projected strong revenue growth in the coming years. The shares jumped 35.95% to $328.33 per share, marking their biggest single-day gain since 1992.

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

KUALA LUMPUR-Mr Larry Ellison briefly surpassed Mr Elon Musk to become the world’s richest person on Sept 10 after a jump in Oracle shares added a record amount to his fortune. Mr Ellison’s fortune ...

Oracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity. Capital spending will have to explode as ...

Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...

Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...