Overview

• Oracle shares jumped about 39%–41% in a single session after quarterly results and guidance emphasized demand for AI infrastructure.
• Bloomberg estimated Ellison’s net worth rose by roughly $100 billion to around $393–397 billion, the largest one-day increase recorded by its index.
• Oracle said it signed four multimillion-dollar contracts and reported a 359% surge in backlog to about $455 billion, highlighting accelerating cloud orders.
• The stock surge lifted Oracle’s market capitalization to roughly $940–969 billion, according to reports citing Bloomberg data.
• Forbes’ real-time tracker continued to list Elon Musk as No. 1, underscoring how billionaire rankings can diverge based on valuation methods.