Oracle (ORCL) Stock Wins a New Street-High Price Target
While Elon Musk has been mulling over what to do with his prospective $1 trillion Tesla package, he better get to work hitting the milestones to unlock all that goodness as Oracle (NYSE:ORCL) co-founder, Chairman and CTO Larry Ellison is eyeing his title of world’s richest man. In fact, Ellison – who has a 41% stake in the business software giant – briefly stanched away Musk’s title on Wednesday after Oracle stunned Wall Street with its latest earnings release.
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In what amounted to its biggest share price percentage jump since 1992,…
