Investment
Features
FeesSafety
Academy
More
Pluang+

Oracle shares plunge nearly 50%, dropping Larry Ellison from 2nd to 8th richest globally

Market News
13 Jul 2026
Forbes
View Source
Bearish
pluang ai news

Oracle's stock has fallen about 47% since June 1, cutting Larry Ellison's net worth by roughly $125 billion to $175.2 billion. This decline moved Ellison from the world's second-richest to eighth-richest person, as concerns grow over Oracle's heavy AI spending and a downgraded credit rating. Oracle plans to spend up to $70 billion this fiscal year on AI infrastructure, but analysts worry about the financial risks. Meanwhile, Oracle's market value has dropped from $877 billion in September to about $383 billion in July, signaling investor caution amid aggressive expansion efforts.

More News (ORCL)

US economy and markets face pressure from tech sector risks and rising financial stress.

US economy and markets face pressure from tech sector risks and rising financial stress.

The US economy and equity markets are under significant pressure due to multiple risks including turmoil in AI-related companies like OpenAI, a drop in Oracle's stock, and rising credit default swap prices signaling vulnerabilities in the technology ...

Market News
Bearish
7 hours ago
Dividend Harvesting Portfolio hits 42.65% return; Oracle added for AI growth potential.

Dividend Harvesting Portfolio hits 42.65% return; Oracle added for AI growth potential.

The Dividend Harvesting Portfolio, now valued at nearly $40,000, has achieved a 42.65% return over 280 weeks by focusing on dividend income and growth. Oracle was recently added due to its strong AI-driven capital expenditure and positive growth outl...

Market News
Bullish
12 hours ago
Credit default swap spreads widen for tech giants, signaling rising caution in credit markets amid AI investment uncertainty.

Credit default swap spreads widen for tech giants, signaling rising caution in credit markets amid AI investment uncertainty.

Credit default swap (CDS) spreads are increasing for major tech companies including Oracle, Meta, Amazon, Microsoft, Alphabet, Nvidia, AMD, Intel, and Broadcom, reaching multi-month highs. This widening indicates growing caution in credit markets, co...

Market News
Bearish
1 day ago
Document AI market to nearly double to $27.62B by 2030, driven by AI and automation in regulated industries.

Document AI market to nearly double to $27.62B by 2030, driven by AI and automation in regulated industries.

The Document AI market is forecasted to grow from $14.66 billion in 2025 to $27.62 billion by 2030, at a CAGR of 13.5%. This growth is fueled by organizations adopting AI technologies like intelligent document processing, generative AI, and workflow ...

Market News
Bullish
3 days ago
Market hits highs with risky valuations; AI leaders show cash flow issues amid rising competition.

Market hits highs with risky valuations; AI leaders show cash flow issues amid rising competition.

The market trades near all-time highs with extreme valuations largely driven by passive investing. Key AI companies like Oracle and Amazon report negative free cash flow despite positive earnings, raising concerns about sustainability. Emerging AI fi...

Market News
Bearish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App