Topline
Oracle shares hit a 2026 intraday high Monday, extending a furious late-May rally that has recast the database pioneer as a marquee AI-infrastructure player and boosted the fortune of cofounder Larry Ellison, who holds roughly 40% of the company.
WASHINGTON, DC – JANUARY 21: Oracle co-founder, CTO and Executive Chairman Larry Ellison speaks during a news conference with U.S. President Donald Trump on January 21, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images)
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Key Facts
Oracle traded as high as $233.72 Monday, after surging about 11% Friday to cap software’s strongest month since 2001.
The stock has been pivoted from a mature software vendor into a major player in the AI boom, renting compute power to the largest AI developers like OpenAI.