Oracle Stock Tumble; Billionaire Status at Risk

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By Emma Johnson • 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 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 counteract the negative impact of the reported deal termination.

“Oracle stock has dropped sharply over 4% to a two-year low,” — Ingrid Thorne, staff writer at Norley Ham Media, commented.

By the Numbers

4 — mentions tracked
10 — updates logged

Timeline

Nov 12 — Oracle stock has dropped sharply over 4% to a two-year low....

Nov 13 — 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? — 85% of Faderoome readers said yes.

This story has been closely followed by our readers since Nov 10. The Norley Ham Media desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Saturday, Nov 14.

ICYMI: British households face higher food bills this year

Editor's note: this report was prepared by the Norley Ham Media desk and last updated 19:21 UTC.

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