Reported 2 days ago
Oracle's stock experienced a historic surge, soaring 43% to a record high of $345.68 in a single trading day, following the release of exceptionally positive earnings reports and revenue forecasts. This growth has catapulted co-founder Larry Ellison to the title of the world's richest person, with a net worth increase of over $100 billion, surpassing Elon Musk. Oracle's expected future revenue and impressive cloud growth rate position it as a leading player in the tech industry.
Source: YAHOO