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The Latest Breaking News from Oracle

Larry Ellison: Oracle co-founder who overtook Musk as world’s richest person

Tycoon who briefly surpassed Elon Musk is a friend of Trump, owner of Hawaiian island and father of man who took over CBS

The Guardian - US

Asian shares are mostly up after US stocks inch to more records as inflation slows and Oracle soars

Asian shares are mostly higher, buoyed by gains of tech-related stocks after Wall Street inched to more records following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the AI boom

The Independent UK

FTSE 100 Live 11 September: Trainline shares surge, John Lewis loss widens

John Lewis Partnership today posted a half-year loss after highlighting the impact of higher National Insurance costs.

Evening Standard

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Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person

Oracle Corp. (NYSE:ORCL) shares are trending on Thursday.

Benzinga

AI's New Cloud King: Oracle's Rally Could Rewrite ETF Playbooks

Oracle Corp’s (NYSE:ORCL) shares soared over 40% on Wednesday, a day after posting its earnings powered by booming demand for AI infrastructure, pushing CEO Larry Ellison ahead of Tesla Inc (NASDAQ:TSLA) scion Elon Musk as the world’s wealthiest individual.

Benzinga

Stocks Supported as Easing Price Pressures Reinforce Fed Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU25 ) rose +0.28%, and September E-mini Nasdaq futures...

Barchart

S&P 500 Hits New High After Oracle Earnings: Stock Market Today

Another down day for Apple held the Dow Jones Industrial Average back, though.

Kiplinger

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CoreWeave Stock Ignites, Fueled By Venture Fund And AI Cloud Frenzy

CoreWeave, Inc. (NASDAQ:CRWV) shares climbed Wednesday alongside other AI-related names after Oracle issued bullish cloud infrastructure guidance with its Q1 earnings report.

Benzinga

Options Corner: Cisco Just Flashed A Rare Signal That Risks Arousing Bearish Traders

As a networking giant, Cisco Systems Inc (NASDAQ:CSCO) essentially provides the default plumbing of the internet and enterprise IT. By connecting data centers, branch offices and telecom networks, it plays a critical role in the broader dissemination of information. At the same time, competitive pressures are rising, thus raising questions…

Benzinga

Musk's Title Of Richest Person Challenged By Oracle's Ellison

Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry Ellison, whose software giant is poised for massive AI riches.

International Business Times

Oracle's Exceptional Backlog Confirms Its Role As Key AI Enabler: Analyst

Oracle (NYSE:ORCL) shares jumped after the company reported first-quarter results, driven by stronger-than-expected growth in its cloud and AI infrastructure business and a record backlog of multi-billion-dollar contracts, highlighting its expanding role in the rapidly growing AI market.

Benzinga

GM, Pilot And EVgo Lead Rollout of 200 Highway Fast-Charging Sites

EVgo Inc. (NASDAQ:EVGO) traded steady on Wednesday after Pilot Company and General Motors Co. (NYSE:GM) said their joint highway fast-charging buildout has surpassed 200 locations across nearly 40 states.

Benzinga

Larry Ellison Topples Elon Musk To Become World's Richest As Oracle Stock Explodes To Record Highs

Thanks to a soaring price for Oracle Corporation (NYSE:ORCL) stock on Wednesday, there's a new richest person in the world. While Oracle missed its first-quarter estimates from analysts, the company's guidance has Wall Street taking notice.

Benzinga

If You Invested $1,000 In Oracle Stock At IPO, Here's How Much You'd Have Today

Shares of software company Oracle Corporation (NYSE:ORCL) hit new all-time highs on Wednesday after the company reported first-quarter financial results and future guidance.

Benzinga

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Benzinga

AMD Stock Is Surging Wednesday: What's Going On?

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Wednesday, reacting to Oracle’s first-quarter financial results. While Oracle narrowly missed Wall Street’s earnings and revenue estimates, its stock soared due to an overwhelmingly positive outlook for its cloud division, creating a ripple effect for key partners like AMD.

The Independent UK

Elon Musk briefly loses world’s richest man title in new ranking

Stock in one of Musk's biggest holdings, Tesla, has dropped 14 per cent so far this year

Benzinga

AI Stocks Rally, Oracle Rockets On Best Day Since 1992: What's Moving Markets Wednesday?

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. (NYSE:ORCL) revealed a massive backlog of AI-related orders.

Benzinga

Stock Of The Day – How To Trade A Reversal In Oracle

Shares of Oracle Corporation (NASDAQ:ORCL) are trading significantly higher Wednesday. This comes after the company said that it won several billion-dollar contracts in the past quarter.

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Evening Standard

FTSE 100 closes lower as geopolitical issues worry investors

Nato fighter jets shot down Russian drones over Polish airspace for the first time.

Benzinga

What's Going On With Palo Alto Networks Stock Wednesday?

Palo Alto Networks Inc (NASDAQ:PANW) shares are trading marginally higher Wednesday morning as investors potentially see a favorable read-through from Oracle Corp’s blockbuster earnings report. While Oracle missed quarterly estimates, its stock soared over 30% on the back of a stunning forecast for its cloud business.

The Guardian - UK

Larry Ellison briefly overtakes Elon Musk as world’s richest person

Oracle co-founder’s shares rose by 40% in early trading, briefly valuing his fortune at $393bn, just ahead of Musk’s $384bn

Barchart

Is Oracle Heading to $410? And Should You Keep Holding ORCL Stock Here?

Oracle’s RPO soared to $455 billion, representing a 359% increase from last year and a $317 billion jump from just the prior quarter.

Barchart

S&P 500 Climbs to a Record High on Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. September E-mini S&P futures (ESU25 ) are up +0.44%, and September E-mini Nasdaq futures...

Fortune

Larry Ellison surpasses Elon Musk as world's richest person after Oracle's stock gives him a $101 billion net worth boost

Musk held the title of world’s richest person for 300 days.

Benzinga

Oracle Stock Rockets On $455 Billion Revenue Pipeline: Here's What Wall Street Is Buzzing About

Oracle Corp. (NASDAQ:ORCL) rocketed higher on Wednesday after the company released its first-quarter earnings report Tuesday afternoon.

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