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Larry Ellison Pledges $9 Billion More In Oracle Stock To Fund Warner Bros Deal As Price Tumbles, CDS Hits Record
Summary by Zero Hedge
5 Articles
5 Articles
Larry Ellison cancelled a plan that would have allowed him to sell up to 50 million Oracle shares, valued at about $7.5 billion. Oracle said it did not sell securities under that plan. The decision does not clear up doubts about the cash flow or the cost of expanding AI’s infrastructure.
Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
Oracle awarded co-founder Larry Ellison and its newly minted co-CEOs stock option packages with a combined grant-date value of $988 million in fiscal 2026, a year that saw its cloud business boom and shares post a 38% total return. By the time the fiscal year ended on May 31, every one of those…
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Total News Sources5
Leaning Left0Leaning Right1Center1Last Updated50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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