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Searched Tag: oracle
World’s rich list rattled by AI hype

World’s rich list rattled by AI hype

September 15, 2025, 03:41 PM - 7 min read

Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person briefly. While his moment in the spotlight was fleeting, it also illuminated something far more significant: AI has created extraordinary levels of concentration in global financial markets.

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In Tokyo, the Nikkei 225 added 0.8 per cent to 44,171.03, with tech investment company SoftBank Group's shares jumping nearly 10 per cent in a second straight day of gains

Asian shares, US stocks inch up as inflation slows, Oracle soars

September 11, 2025, 08:13 PM - 4 min read

After Wall Street recorded all-time highs following a surprisingly encouraging report on inflation and Oracle’s AI boom, Asian shares were mostly high on Thursday

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Ellison tops Bloomberg Index beating Elon Musk in wealth.

Larry Ellison overtakes Elon Musk as world's richest man

September 11, 2025, 09:13 AM - 2 min read

Oracle co-founder Larry Ellison has overtaken Elon Musk to become the world’s richest individual for the first time in his career, following a record-breaking surge in Oracle Corp.’s shares.

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