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Barchart

Aditya Raghunath

Is Oracle a Good AI Stock to Buy Now?

Oracle Cohere OCI ORCL Larry Ellison Barchart

Shares of tech giant Oracle (ORCL) have surged 45% year-to-date and are up close to 67% in the last 12 months, valuing the company at a market cap of $322 billion. These outsized gains allowed Oracle co-founder Larry Ellison to become the third-richest person in the world, according to Forbes. As per SEC filings, Ellison is also the largest shareholder of Oracle, with a 42.9% share in the company.

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