ByTy Roush,

Forbes Staff.

Google cofounder Larry Page passed Oracle’s Larry Ellison on Monday to become the world’s second-richest person, as parent firm Alphabet’s stock continued a weekslong rally fueled by AI momentum.

Shares of Alphabet advanced 5.8% to around $317 as trading opened Monday, following an 8.4% rally for the stock last week that pushed its value from just over $276 to just below $300.

Oracle’s shares fell 1.5% to below $196 after the stock’s roughly 12% plunge over the previous two trading sessions.