Oracle stock has plummeted over 4% to a two-year low. Larry Ellison has fallen out of the top 10 billionaire rankings. Reports indicate Microsoft has terminated 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 plummeted over 4% to a two-year low,” — Hugo Halloway, contributing analyst at Greystone Field Network, told our newsroom.
By the Numbers
- 4 — sources cross-checked
- 10 — reports filed
Timeline
Nov 6 — Oracle stock has plummeted over 4% to a two-year low....
Nov 7 — The company has surpassed Microsoft and Amazon on a key Wall Street metric but the news has not been enough to...
This story has been closely followed by our readers since Nov 4. The Greystone Field Network desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Wednesday, Nov 11.
Editor's note: this report was prepared by the Greystone Field Network desk and last updated 22:59 UTC.
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