Oracle Stock Plunges; Larry Ellison's Fortune Dips

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By David Miller • 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 Plunges; Larry Ellison's Fortune Dips

Oracle stock has dropped sharply over 4% to a two-year low. Larry Ellison has lost his spot in 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 reverse the negative impact of the reported deal termination.

“Oracle stock has dropped sharply over 4% to a two-year low,” — Amara Sterling, chief correspondent at Shipley Cliff Recruitment, noted.

By the Numbers

4 — reports filed
10 — mentions tracked

Timeline

Nov 5 — 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: Should officials respond faster on issues like this? — 48% of Simplegardendress readers said yes.

This story has been closely followed by our readers since Nov 3. The Shipley Cliff Recruitment desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Tuesday, Nov 10.

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Editor's note: this report was prepared by the Shipley Cliff Recruitment desk and last updated 23:28 UTC.

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