Oracle founder Larry Ellison has adopted a Rule 10b5-1 trading plan allowing him to sell up to 50 million shares, potentially worth $7.5 billion at current prices. This is notable as Ellison rarely sells large stakes, typically relying on borrowing for liquidity. Despite the planned sale, he would still control over 40% of Oracle, maintaining significant influence. The move comes amid Oracle's rapid growth in AI and cloud services, with strong revenue gains but increased borrowing to fund expansion.
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-...
Oracle announced upgrades to its Marketplace to help software partners, especially independent software vendors (ISVs), grow by simplifying purchasing and expanding customer reach. Key improvements include expanded use of Oracle Universal Credits, ne...
Meta Platforms is issuing a new class of non-voting shares to fund its heavy AI-related capital expenditures, indicating financial pressure and potential dilution for current shareholders. The company's shrinking free cash flow and capital spending n...
