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Oracle has announced impressive quarterly results following the closure of New York markets, elevating co-founder Larry Ellison's net worth to over $388 billion, surpassing Elon Musk's $384 billion. Oracle's growth is attributed to increased demand for data center infrastructure and new multi-billion dollar contracts with major clients in the AI sector. The company's stock surged over 26% in after-hours trading, marking its largest single-day increase since 1999, while Tesla's stock has dropped 14% this year.