By Alicia Park
Publication Date: 2026-06-01 14:30:00
Topline
Oracle shares hit a 2026 intraday high on Monday, extending a furious rally in late May that made the database pioneer the leader in AI infrastructure and boosted the wealth of co-founder Larry Ellison, who owns about 40% of the company.
WASHINGTON, DC – JANUARY 21: Oracle Co-Founder, CTO and Executive Chairman Larry Ellison speaks during a press conference with U.S. President Donald Trump on January 21, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images)
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Important facts
Oracle traded as high as $233.72 on Monday after rising about 11% on Friday, capping its strongest software month since 2001.
The stock has evolved from an established software provider into a major player in the AI boom, leasing computing power to the largest AI developers such as OpenAI.
