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Oracle stock surges, pushing Ellison toward richest title

Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

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Oracle shares soar 43%, pushing Larry Ellison closer to top billionaire status amid AI cloud contract boom

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In Short:
– Oracle shares rose 43% to $345.69, nearing a trillion-dollar valuation after multi-billion-dollar contracts were announced.
– Co-founder Larry Ellison’s net worth increased to $392.6 billion, making him a contender for the world’s richest person.
Oracle shares surged 43% to a record high of $345.69, putting the company close to joining the trillion-dollar club.
This spike follows the announcement of four multi-billion-dollar contracts on Tuesday, indicating a shift towards increased computing capacity necessary for AI development.Banner

The surge boosts co-founder Larry Ellison’s net worth to approximately $392.6 billion, making him a contender for the world’s richest person, currently held by Elon Musk at $439.9 billion.

Oracle expects to see a market valuation around $913 billion if gains hold, contributing an additional $234 billion.

Market Dynamics

Oracle’s significant contracts include one with OpenAI for about $300 billion in computing power over five years.

The partnership is critical as Oracle aims to expand its market share, currently dominated by Microsoft, Amazon, and Google, which collectively hold 65%.

The company also supports AI startups, including xAI, founded by Musk, affirming its essential role in upcoming large-scale AI infrastructure projects, projected to reach $500 billion.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Epstein hearing explodes over redactions and hidden names

Lawmakers accuse AG Pam Bondi of hiding Epstein-linked names amid congressional hearing, questioning redactions related to billionaire Wexner.

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Lawmakers accuse AG Pam Bondi of hiding Epstein-linked names amid congressional hearing, questioning redactions related to billionaire Wexner.

US lawmakers have accused Attorney General Pam Bondi of withholding key names linked to Jeffrey Epstein during a fiery congressional hearing. The confrontation centred on redactions within investigative files that critics argue should have been fully disclosed under federal law.

Representative Thomas Massie pressed the Justice Department over blacked-out sections, specifically questioning references to billionaire Leslie Wexner. Bondi maintained that Wexner’s name was released promptly once flagged, defending the department’s handling of the documents.

Frustration boiled over as lawmakers challenged the extent of the redactions, leading to an extraordinary moment in the hearing as Bondi pushed back and praised President Donald Trump while standing by the department’s review process.


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#EpsteinFiles #PamBondi #USPolitics #Congress #JeffreyEpstein #BreakingNews #PoliticalDrama #TickerNews


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Angus Taylor moves to challenge Sussan Ley for party leadership

Angus Taylor resigns from Coalition frontbench to challenge Sussan Ley amid Liberal Party divisions and declining poll support.

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Angus Taylor resigns from Coalition frontbench to challenge Sussan Ley amid Liberal Party divisions and declining poll support.

Angus Taylor has resigned from the Coalition frontbench to launch a leadership challenge against Sussan Ley, declaring he lacks confidence in her ability to rebuild support for the Liberal Party. His move sets up a high-stakes internal contest that could reshape the party’s direction.

Supporters of Mr Taylor are expected to push for a meeting by Friday to trigger a potential leadership spill, intensifying pressure on Ms Ley. Moderate MPs are calling on her to demand clear proof of numbers before any ballot takes place.

With the Liberals trailing in the polls and facing mounting questions over strategy, both camps are outlining starkly different visions for the party’s future as tensions rise in Canberra.

#AustralianPolitics #LiberalParty #AngusTaylor #SussanLey #LeadershipSpill #Canberra #AusPol #PoliticalNews

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Iran buries nuclear site entrances amid rising tensions with the U.S.

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Satellite images reveal that Iran has buried all three tunnel entrances at its Isfahan nuclear complex. Analysts say the move mirrors defensive preparations taken before U.S. airstrikes devastated the facility last year, with no vehicle or personnel activity visible around the entrances.

The burial appears aimed at limiting damage from potential airstrikes and complicating any ground raid targeting enriched uranium stored in the underground facility. Experts suggest equipment or materials may have been moved into the tunnels for protection, though this remains unconfirmed.

The fortification comes amid ongoing U.S.-Iran tensions. President Trump has demanded Iran curb its nuclear program, warning of military action, while Tehran insists halting uranium enrichment is unacceptable. Recent indirect talks in Oman showed little progress toward a new deal.


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