Search results
Results from the WOW.Com Content Network
Oracle (NYSE: ORCL) is an underappreciated AI stock that investors should not ignore. Stock prices used were the afternoon prices of Nov. 26, 2024. The video was published on Nov. 28, 2024.
Oracle's market cap of $450 billion still makes it much smaller than Microsoft, which is worth a whopping $3.2 trillion, but could it keep growing and eclipse the tech titan's valuation by 2030?
Shares of Oracle would need to more than double for its market cap to hit the $1 trillion mark. ... Shares of Oracle are up 61% this year, but for the company to be worth $1 trillion, the stock ...
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 by Larry Ellison, who remains executive chairman, Oracle ranked as the third-largest software company in the world by revenue and market capitalization as of 2020, [6] and the company's seat in Forbes Global 2000 was 80 in 2023.
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).
In November 2016, Oracle bought NetSuite for $9.3 billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5 billion personally. [48] In 2017, Forbes estimated that Ellison was the 4th richest person in tech. [49] In June 2018, Ellison's net worth was about $54.5 billion, according to Forbes. [50]
As Oracle shares hit record highs after it reveals “largest contracts in our history. ... Only yesterday Ellison's net worth was $138 billion but overnight that leapt $14 billion to $152 billion.
The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. [1] After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language.