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The Latest Breaking News from Larry Ellison

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

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

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

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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

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

The Independent 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

The Guardian - UK

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.

Fortune

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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.

Benzinga

Larry Ellison Targets 'Multi-Trillion-Dollar' AI Inference Market For Oracle: 'AI Will Change Everything'

Larry Ellison, the founder and chief technology officer of Oracle Corp. (NYSE:ORCL), expressed optimism regarding the future of AI and his company’s competitive positioning in the segment.

Benzinga

Oracle Stock Soars Despite Missing Q1 Estimates: Here's Why

Oracle Corp. (NYSE:ORCL) released its first-quarter results after Tuesday's closing bell. Here's a look at the details in the report.

Benzinga

Larry Ellison Called Cloud 'Complete Gibberish'—Now He's Building It For Elon Musk

In the early days of cloud computing, few critics were as dismissive as Oracle Corp. (NYSE:ORCL) co-founder and CEO, Larry Ellison, who dismissed the concept as "complete gibberish."

Benzinga

Paramount To Make Live-action 'Call Of Duty' Movie

Paramount, the Hollywood studio recently acquired by the software billionaire Ellison family, will make a movie based on the wildly popular "Call of Duty" video games, it announced Tuesday.

International Business Times

Would You Buy This Billionaire’s $23 Million McLaren?

This McLaren comes with an interesting history and a well-known former owner.

GOBankingRates

Larry Ellison Mocked Cloud In 2009—Today Oracle's AI-Powered Cloud Surge Rockets Him To 2nd Richest With 42% Stock Jump This Year

Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison famously dismissed cloud computing as “nonsense” in 2009, calling it merely “a computer attached to a network.”

Benzinga

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Fortune

Billionaire Larry Ellison underwrote the richest recruiting flip in college football history

Bryce Underwood, 2025's top high-school football player, is now Michigan's starting quarterback. Oracle's co-founder helped make it happen.

MarketBeat

Is Paramount Skydance a Buy Post-Merger, Short Squeeze?

Paramount Skydance is the new kid on the stock market block, with an updated name, vision, and leader. Should investors to jump into shares?

The Independent UK

Trump says quiet part out loud on CBS’s new owner: ‘Great man’ who will ‘do the right thing’

‘CBS was just sold to a great person that I know very well,’ Donald Trump declared on Friday.

The Independent UK

House Democrats launch investigation into Paramount merger and ‘bribe’ to Trump

‘Two wrongs do not make a right—illegitimate demands from the FCC or the Administration do not absolve your company from wrongdoing,’ two top House Democrats wrote to Paramount chief David Ellison.

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Barchart

Billionaire Philippe Laffont Is Betting Big on Oracle Stock. Should You?

Billionaire Philippe Laffont’s $843 million Oracle bet spotlights its AI cloud surge.

The Independent UK

With ‘CBS Mornings’ ratings continuing to shrink, could Gayle King be in trouble?

IN FOCUS: Exclusive: ‘There’s always speculation about her inflated salary and entourage,’ one network insider told Justin Baragona about Gayle King. ‘She’s undoubtedly expensive and not necessarily on the right side of the new political agenda.’

MarketBeat

Oracle’s 2025 Rally Is Only Half Over: 5 Reasons Why

Oracle's stock price rally is only half over; the market will likely reach $325 by the end of the year or in early 2026 and then continue higher long term.

The Guardian - UK

Paramount pays $7.7bn for exclusive US rights deal with UFC

Deal ends sport’s pay-per-view model and comes days after Hollywood studio’s merger with Skydance Media

Fortune

RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far the largest to date.

The Guardian - US

Yellowstone, Top Gun, Chalamet: what will the Paramount-Skydance merger mean for film and TV?

Controversial $8bn deal finalized this week and the future is set to look different for one of the biggest Hollywood studios

Benzinga

Elon Musk's Wealth Takes More Than $60 Billion Hit In 2025, As Bill Gates Also Sees Huge Losses—But One Of Them Has Been Donating His Entire Fortune

Elon Musk‘s fortune has taken a massive hit in 2025, losing over $60 billion, with his net worth shrinking amid Tesla Inc.’s (NASDAQ:TSLA) struggles, while Bill Gates, the second billionaire to see a similar decline, has committed to giving away his entire fortune.

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