Oracle Shares Tumble After Earnings Miss—Larry Ellison’s Fortune Loses $15 Billion
Larry Ellison, Oracle’s billionaire co-founder, had his net worth cut by $15 billion Tuesday as the company’s stock paced its worst loss in nearly a year, after a recent earnings report that fell short of estimates, though analysts remained optimistic about the database software firm.
Oracle's Larry Ellison is the NBJ's Newsmaker of the Year
Ellison — Oracle Corp. 's co-founder and former CEO as well as its current chairman and chief technology officer — is who the Nashville Business Journal newsroom selected as 2024's Newsmaker of the Year. The annual profile spotlights someone who influenced and drove one or more of the year's major events and storylines.
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock to a ...
Oracle has partnered with Meta to support the training and deployment of Meta’s Llama AI models using Oracle Cloud ...
Larry Ellison's $165 million Oxford investment aims to transform research into products, in areas including health and clean ...
During Oracle’s Q2 2024 earnings call, CEO Safra Catz and CTO Larry Ellison talked AI, GPUs, cloud, database products and ...
Oracle reported 9% revenue increase for the second quarter of the 2025 fiscal year, hitting $141 billion.
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
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