Core Viewpoint - Larry Ellison, co-founder of Oracle, briefly became the world's richest person due to a surge in Oracle's stock price, driven by the growth of its cloud computing business and the impact of artificial intelligence [1][9] Group 1: Company Performance - Oracle's quarterly financial report for the period ending August 31 showed remarkable growth in its cloud computing business, prompting the company to raise its revenue forecast [1] - Following the announcement, Oracle's stock price surged approximately 40%, increasing Ellison's net worth by over $100 billion to $393 billion, briefly surpassing Elon Musk [1] - Despite the stock price retreating by the end of the trading day, Ellison's wealth and Oracle's market performance highlight the company's strong position in the tech industry [1][9] Group 2: Historical Context - Oracle was founded in 1977 as "Software Development Laboratories" with initial funding of $2,000, where Ellison contributed $1,200 [3] - The company capitalized on the commercialization of Structured Query Language (SQL), becoming the first provider of commercial SQL databases with the launch of "Oracle V2" in 1979 [3] - Oracle's growth trajectory included overcoming significant challenges, such as a major stock price drop in 1990 due to inflated earnings, but it rebounded with the successful launch of "Oracle 7.0" in 1992 [5][6] Group 3: Strategic Direction - In recent years, Oracle has expanded its focus on cloud services and artificial intelligence, leading to a significant increase in stock price and market capitalization [9] - The company's business model is centered on providing comprehensive enterprise solutions and technical support, which positions it well for future growth as demand for cloud computing and enterprise applications continues to rise [9]
他是特朗普支持者,因股价暴涨过了一把世界首富的瘾