Larry Ellison broke from Elon Musk at the exact moment OpenAI needed a miracle, and that choice pushed Oracle into the most expensive cloud gamble ever written on paper. The whole thing began when ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

Ty Roush is a breaking news reporter based in New York City. Larry Ellison became the third-richest person in the world again on Friday, passing Amazon’s Jeff Bezos, as Oracle’s shares rose after ...

Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...

Ellison owns around 41% of Oracle’s shares, a software company he co-founded in 1977. That stake in Oracle and stakes in Tesla Inc (NASDAQ: TSLA) and Paramount Skydance (NASDAQ: PSKY) have helped ...

Oracle’s approach to chip design differed from hyperscale rivals in that it owned a minority stake in Ampere Computing, which produces Arm-compatible CPUs for other companies in addition to Oracle, ...

Oracle's latest earnings report was supposed to showcase how aggressively the company has pivoted to artificial intelligence, yet the market's verdict was brutal. Shares slumped in double digits as ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...

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The net worth of Oracle Corp. (NYSE: ORCL) founder Larry Ellison takes a hit. A poor earnings report that pushed Oracle’s stock down sharply is to blame for that. Are you ahead, or behind on ...

Larry Ellison, executive chair and chief technology officer, founded Oracle Corp. (NYSE: ORCL) in 1977. Recently, it has become a tech behemoth, largely because of its key position in the burgeoning ...

Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...