
Ellison’s $25 billion wealth crash tied to Oracle’s AI spending fears

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Is a missed earnings report sufficient to erase $25 billion from a single wealth portfolio? Well, the answer proved quick and brutal for Larry Ellison. Oracle co-founder Larry Ellison saw a dramatic setback in net worth to $258 billion when Oracle’s stock plummeted more than 11% in a single day, which is one of the […]

