Larry Ellison, Oracle's founder, canceled a plan to sell up to $7.5 billion in Oracle shares just one day after it was publicly disclosed. This move follows a dramatic $200 billion decline in his net worth over the past year, largely due to Oracle's stock dropping 53.48% amid costly investments in AI infrastructure. Oracle has not explained the cancellation, but Ellison still controls over 40% of the company. The stock's decline reflects the company's expensive transformation efforts and negative cash flow, despite strong cloud revenue growth.
Oracle Corporation trades at USD 142.94 on Pluang as of Sep 14, 2026 21:31 WIB, down 4.80% in one day. The stock remains far below its 52-week high of USD 328.15. Oracle's market cap stands at $432.88 billion, reflecting ongoing investor caution amid the company's transformation efforts.
This week saw significant declines in AI infrastructure stocks, with neocloud companies like CoreWeave and Nebius dropping over 30% in October. Credit default swap spreads for major tech firms Meta, Nvidia, and Oracle hit record highs, signaling incr...
Oracle's stock price has dropped nearly 50% from around $250 in early June to about $125, yet Wall Street analysts remain optimistic. Goldman Sachs recently maintained a 'Buy' rating, though it lowered the 12-month price target from $240 to $206 due ...
Oracle's stock has dropped 32% in 2026 despite strong cloud business growth, including 62% cloud revenue increase and $664 billion in future contracts. Analysts see a 54% upside potential with a price target of $201.27, driven by high GPU utilization...
Oracle announced it will hold its Investor Day Meeting on October 28, 2026, during Oracle AI World. The event will be streamed live, providing investors insights into Oracle's integrated cloud applications and autonomous infrastructure. This meeting ...
Oracle announced a $1 billion investment over four years to enhance its partner ecosystem's ability to develop AI-powered solutions and services. This funding expands benefits and incentives in training, technical support, cloud migration, and go-to-...
