Oracle’s stock surge makes Larry Ellison the world’s richest man.

Oracle shocked Wall Street with a record-breaking 40% single-day stock price, not from current earnings but from AI-driven projections, pushing Larry Ellison’s wealth above Elon Musk.

This shows how much confidence investors are placing in the future of generative AI, but also underlines the risks since Oracle’s value depends on whether companies like OpenAI can turn massive hype into real profit.
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