Core Insights - Larry Ellison, co-founder of Oracle, has reached a net worth of $393 billion, surpassing Elon Musk to become the world's richest person [1] - Oracle's stock surged over 40% in a single day, marking the largest daily increase since 1999 [3] Company Performance - Oracle's stock opened at $319.22 and closed at $335.555, with a market capitalization of $942.52 billion [4] - The stock's price-to-earnings ratio stands at 75.93, with a trading volume significantly higher than average [4] - Oracle Financial Services Software's stock in Mumbai rose by 10%, with trading volume nine times the three-month average [4] Analyst Ratings - Multiple institutions have raised Oracle's target price, with Piper Sandler increasing it from $270 to $330 and Scotiabank from $300 to $350 [5]