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.
Wednesday's market selloff hit AI stocks unevenly, with companies relying heavily on debt, such as CoreWeave and Nebius, experiencing the steepest declines. Oracle, despite carrying more debt than its peers and having a credit rating just above junk,...
DTE Energy has secured significant data center agreements with Oracle and Google, positioning it for strong earnings growth amid rising power demand. The company has 2.4 gigawatts of signed deals and potential for several more, supporting a price tar...
Oracle's stock fell nearly 9% following a sharp selloff in CoreWeave's bonds, which raised fears about the cost of debt financing for AI infrastructure. Oracle has a massive $664 billion backlog tied to AI cloud capacity, but rising borrowing costs a...
Bloom Energy shares fell even after Oracle named it the primary power source for a large AI campus, reflecting concerns over the stock's high valuation and market volatility. The company’s shares have surged 142.5% year-to-date, but trade at very hig...
Shares of CoreWeave dropped 16% and its bond yields surged as investors grew concerned about heavy borrowing by tech firms for AI projects. The yield on CoreWeave's 2032 bond hit nearly 15%, signaling increased risk perception. Other tech companies l...
