Oracle Stock Tumble; Billionaire Status at Risk

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By Daniel Taylor • Updated Nov 6, 2026 at 21:20

Oracle Shares Drop Over 4% to Two-Year Low as Microsoft Reportedly Declines to Renew Older-Chip AI Compute Lease - TradingKey — Oracle Stock Tumble; Billionaire Status at Risk

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 abandoned 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 reverse the negative impact of the reported deal termination.

“Larry Ellison has fallen out of the top 10 billionaire rankings,” — Victor Fenwick, senior market analyst at Greystone Gate Analytics, told our newsroom.

By the Numbers

4 — sources cross-checked
10 — reports filed

Timeline

Nov 8 — Oracle stock has plummeted over 4% to a two-year low....

Nov 9 — 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? — 49% of Sasudasentreprise readers said yes.

This story has been closely followed by our readers since Nov 5. The Greystone Gate Analytics desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Thursday, Nov 12.

ICYMI: Nintendo Switch 2 surpasses 26 million units sold

Editor's note: this report was prepared by the Greystone Gate Analytics desk and last updated 05:55 UTC.

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