Larry Ellison surpasses Elon Musk as world's richest person
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Oracle's growth signals the end of experimental AI and urgent need for enterprises to secure production infrastructure now.
Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore.
Oracle’s stock hit a record high in August, and with today’s after-hours gains it’s very close to beating that. In the year to date, it has gained 45%, lifting its market capitalization to more than $800 billion, while the broader S&P 500 index has risen just 11% in the same timeframe.