Larry Ellison briefly overtook Elon Musk as the world’s richest man on Wednesday after a historic rally in Oracle Corp shares added $244 billion to the software giant’s market value. The surge pushed Oracle closer to the $1 trillion mark and fueled speculation over whether it could soon displace Tesla Inc among the world’s 10 … Read more
Shares of Oracle Financial Services Software (OFSS) jumped more than 9% to Rs 643.95 on the BSE on Wednesday, tracking the dramatic 27% after-hours surge in parent company Oracle Corp’s shares. Investors cheered Oracle’s ambitious cloud outlook, including a forecast for half a trillion dollars in booked revenue, and multi-billion-dollar client deals that could drive … Read more
Larry Ellison, Chairman of Oracle, has overtaken Amazon founder Jeff Bezos to become the second-richest person in the world. Tesla CEO Elon Musk continues to lead the list with a net worth of $251 billion. Ellison’s net worth is now approximately $206 billion, according to Forbes’ real-time billionaires list. Bezos, who has fluctuated between the … Read more