Oracle stock has dropped sharply over 4% to a two-year low. Larry Ellison has dropped out of the top 10 billionaire rankings. Reports indicate Microsoft is pulling back from an AI computing deal with Oracle. The company has surpassed Microsoft and Amazon on a key Wall Street metric but the news has not been enough to offset the negative impact of the reported deal termination.
“Oracle stock has dropped sharply over 4% to a two-year low,” — Lena Ostrowski, senior market analyst at Greycroft Bury Services, added during the briefing.
By the Numbers
- 4 — reports filed
- 10 — mentions tracked
Timeline
Nov 3 — Oracle stock has dropped sharply over 4% to a two-year low....
Nov 5 — The company has surpassed Microsoft and Amazon on a key Wall Street metric but the news has not been enough to...
Reader Poll: Will this story shape the week ahead? — 65% of Spbo readers said yes.
This story has been closely followed by our readers since Nov 3. The Greycroft Bury Services desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Monday, Nov 9.
Editor's note: this report was prepared by the Greycroft Bury Services desk and last updated 21:27 UTC.
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