Larry Ellison

Software and technology giant Oracle Corporation (NYSE:ORCL) reported second-quarter financial results after the market close Monday. What Happened: Oracle reported second-quarter revenue of $14.06 billion, up 9% year-over-year. The revenue total missed a Street consensus estimate of $14.11 billion...

Companies have stepped up security budgets for their executives in recent years, even before the Wednesday killing of UnitedHealthcare (a subsidiary of UnitedHealth Group Inc (NYSE: UNH) CEO Brian Thompson. CEO Security Details: The following companies spent the most on personal security for their...

Investors who supported Elon Musk‘s acquisition of Twitter are reportedly seeing significant returns due to the rising valuation of his AI company, xAI. These investors, who received a 25% stake in xAI, are poised for substantial gains. What Happened: xAI, founded by Musk last year, is...

Michigan football fans are cheering after top high school football recruit Bryce Underwood flipped his recruit from LSU to U of M, a move that may have been helped by NIL (name, image and likeness) deals and a billionaire. What Happened: After winning the NCAA Football championship last season, the...

Elon Musk‘s fortune skyrocketed past $300 billion on Friday, fueled by a sharp rally in Tesla Inc. (NASDAQ:TSLA)'s stock after Donald Trump's election as the 47th U.S. president. According to Forbes’ Real-Time Billionaires List, Musk’s net worth reached $305 billion — distantly...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is the world's richest person and has watched his wealth climb in 2024 despite the price of Tesla stock falling. A prediction market allows bettors to wager on if Musk will remain the world's richest man at the end of the year. What Happened: The title of the...

Elon Musk expressed admiration for Oracle’s Chief Technological Officer Larry Ellison on Friday after an old video of the latter resurfaced. What Happened: The post highlighted Ellison’s remarks from Oracle Open World 2018, where he praised Musk’s accomplishments, particularly his...

The past week has been a whirlwind of news in the tech world, with artificial intelligence (AI) taking the spotlight. From predictions about AI-powered surveillance to personal digital agents, the future of AI seems to be on everyone’s mind. Here’s a quick recap of the top stories that...

Larry Ellison and Elon Musk recently implored Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang for additional GPUs during a dinner at Nobu Palo Alto. What Happened: During a meeting with analysts last week, Ellison, co-founder and CTO of Oracle Corp. (NYSE:ORCL), revealed that he and Tesla Inc. (NASDAQ:...

Speaking at an Oracle Corp. (NYSE:ORCL) financial analysts meeting, co-founder and CTO of the tech giant, Larry Ellison predicted that artificial intelligence will eventually power extensive law enforcement surveillance systems. What Happened: “Every police officer is going to be supervised...

While Nvidia Corp and Meta Platforms Inc (NASDAQ:META) have dominated the headlines with their AI advancements, Oracle Corp (NYSE:ORCL) is making a quiet but impressive climb. The cloud and database giant has been one of the best performers in large-cap tech this year, trailing Nvidia, yet ahead of...

Microsoft co-founder Bill Gates, once the world's richest person, remains one of the wealthiest individuals globally. However, a skyrocketing stock tied to another billionaire has pushed Gates further down the list of the world's billionaires. What Happened: The earnings report from Oracle...

Billionaire Larry Ellison will own a controlling interest in Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) once the merger with Skydance Media finalizes in 2025. What Happened: Ellison, one of the world's richest people, will be the majority shareholder of National Amusements, the company that has...

French luxury businessman Bernard Arnault is poised to see a significant drop in his fortune, potentially by several billion dollars. Nearly half of Arnault’s wealth is tied to his stake in LVMH-Moët Hennessy Louis Vuitton (OTCPK: LVMHF), which saw a nearly 5% decline in over-the-counter...

Oracle Corp (NYSE:ORCL) shares are diving Tuesday afternoon after Elon Musk’s xAI ended talks with Oracle regarding a potential server deal. What To Know: According to a report from The Information, confirmed by Musk, Oracle and xAI have stopped discussions regarding a potential expansion of...