Oracle shares saw a significant surge. This happened after a strong forecast for its cloud sector. Larry Ellison’s wealth increased substantially. He briefly surpassed Elon Musk as the world’s richest person. OpenAI plans a large purchase of Oracle’s computing power. Oracle is becoming a major player in AI cloud computing. It competes with Microsoft and Google.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong