Larry Ellison Cancels Plan To Sell $7.5 Billion In Oracle Stock After His Net Worth Dropped $200 Billion In A Year

Quick Read Ellison cancelled his ORCL trading plan one day after public disclosure, abandoning a $7.5 billion sale of 50 million shares without selling one. Ellison's net worth shed roughly $200 billion in a year, dropping him from the second-richest person on Earth to seventh. Oracle's single-quarter capex hit $28 billion and free cash flow turned negative $5 billion, even as its AI cloud backlog reached $664 billion. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Oracle didn't make the cut. Enter your email to see the names that beat ORCL. The report is free. Enter your email and see if any of your stocks made the cut.