Oracle Stock Surges Post-Earnings
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founder Larry EllisonCNBC
•Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
82% Informative
Oracle shares rose 11% on Tuesday and closed at a record $ 157.10 on Wednesday .
The rally lifted founder Larry Ellison's net worth so much that he's now just a few billion dollars shy of Amazon 's Jeff Bezos .
Oracle has seen double-digit gains following each of its three quarterly reports this year , driven by the company's cloud businesses.
"No more passwords," he said. "Those have got to go.".
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