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Oracle shares declined after founder and chairman Larry Ellison scrapped a plan to sell up to $7.5 billion worth of stock. The reversal surprised investors who had been anticipating the sale as part of Ellison's broader portfolio management. The move raises questions about Ellison's near-term views on Oracle's valuation and comes amid heightened scrutiny of the company's massive AI infrastructure spending commitments, which have driven significant swings in the stock this year.