Overview

• Oracle shares hover near record highs, valuing the company at about $933 billion after a steep multi-month run-up.
• Larry Ellison’s fortune reached roughly $388 billion, placing him second globally and above Bank of America’s market value, while Forbes says two former Oracle executives have newly crossed the billionaire threshold.
• On its latest earnings call, Oracle projected cloud infrastructure revenue could reach $144 billion over the next four years as AI workloads drive demand.
• The company reported a contract backlog of about $455 billion, reflecting multi‑year commitments that have fueled investor expectations.
• Media have reported a multiyear OpenAI agreement around $300 billion to supply compute, a figure that has not been independently confirmed.