Larry Ellison

Latest moves

Nov 8, 2026 edition

Jensen HuangPolicyAI & techNVDA · META · AMD · ORCLAI read · ▼ AI's cheerleaders lose a meeting

White House cancels AI advisory meeting with tech chiefs

The move

The Trump administration canceled a Nov. 6 meeting of the President's Council of Advisors on Science and Technology, a panel that includes Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, AMD CEO Lisa Su and Oracle CTO Larry Ellison, an Energy Department spokesperson confirmed. The meeting was meant to advise a new White House "Super Intelligence Task Force." The agency's meeting page briefly listed Nov. 13 as a new date before the agency retracted it by email.

Why it matters

The cancellation landed in a week when tech and chip stocks sold off on investor worries about AI spending, after Democrats' midterm wins raised the odds of tighter rules on AI data centers.

The bear case

A rescheduled advisory meeting is a logistics issue, not evidence the administration's AI policy stance has shifted.

What to watch

Whether the Energy Department sets a new date for the panel to meet.

Source · American BazaarRead original ↗Report an error

Nov 3, 2026 edition

Larry EllisonIPO / MarketsAI & techORCLAI read · ▼ AI debt binge

Oracle files to raise $20 billion to fund its AI buildout

The move

Oracle filed on Nov. 2 to sell $10 billion in common stock and $10 billion in senior notes, saying proceeds may fund capital spending, debt repayment and future investments. Oracle said it would cap additional capital-markets funding for its fiscal 2027-2030 investment cycle at this $20 billion. Shares fell 8.8% on the news even though Oracle had previewed the plan at an investor day the prior Wednesday. Oracle stock is down 33% for 2026 and 50% over the past 12 months.

Why it matters

The raise shows how much outside capital Oracle needs to keep building AI data centers, and the stock's reaction, falling even on a filing the company had already flagged, shows how nervous investors are about its debt load.

The bear case

UBS called the raise "a major relief" given fears about Oracle's access to capital, and Oracle has now put a hard cap on this round of capital-markets funding.

What to watch

Whether Oracle returns to capital markets again before fiscal 2027 ends, which one analyst said would be a red flag after this supposedly final raise.

Source · CNBCRead original ↗Report an error

Oct 30, 2026 edition

Larry EllisonIPO / MarketsAI & techORCLAI read · ▲ Big targets, big rally

Oracle sets $225 billion revenue target for 2030

The move

Oracle's co-CEOs and CFO told investors at an October 28 investor day the company targets $225 billion or more in total revenue by fiscal 2030, with non-GAAP operating margin of at least 40% and non-GAAP EPS of $21 or more. Oracle also committed to limiting new capital-markets funding through fiscal 2030 to $20 billion, split evenly between equity and debt. Shares rose about 10.7% that day.

Why it matters

Oracle laid out a path to fund its AI data-center buildout mostly from its own growing cash flow rather than heavy new borrowing or stock sales.

The bear case

The targets reach four years out, and Oracle still expects capital spending to peak before free cash flow turns solidly positive in fiscal 2029.

What to watch

Oracle's fiscal second-quarter results, expected in December.

Source · Oracle Corporation (SEC Form 8-K)Read original ↗Report an error

Oct 23, 2026 edition

Larry EllisonIPO / MarketsAI & techORCLAI read · ▼ Debt worries

Oracle's AI debt faces a stress test as bonds wobble

The move

Oracle's credit default swaps, a gauge of how risky bond investors see the company, have swung sharply over the past week. The company's S&P credit rating sits at BBB-, the lowest investment-grade level, after a July downgrade, and Oracle has issued $118 billion in long-term debt to help fund its AI data center buildout, including a large commitment tied to OpenAI.

Why it matters

Investors are worried Oracle is borrowing heavily to fund AI data centers just as a competitor, CoreWeave, showed signs of debt stress this month.

The bear case

Oracle says it remains focused on disciplined capital allocation and preserving its investment-grade rating, and some analysts say they aren't concerned about its debt levels.

What to watch

Whether S&P or other raters cut Oracle's rating further toward junk.

Source · CNBCRead original ↗Report an error

Oct 16, 2026 edition

Larry EllisonIPO / MarketsAI & techORCLAI read · ▼ Bearish

Oracle sinks 8.8% as AI debt fears spread to neoclouds

The move

Oracle shares closed down 8.8% on Oct 14, 2026, after a chart showing yields on a batch of CoreWeave's bonds briefly topping 15% went viral on social media, rattling investors in AI-infrastructure borrowers. Oracle isn't a "neocloud" itself, but it has borrowed heavily to fund its AI data-center buildout, which is why investors grouped it with CoreWeave. CoreWeave's own stock fell more than 15% the same day.

Why it matters

Oracle has taken on tens of billions of dollars in debt for AI data centers tied in part to its OpenAI cloud contract, so any sign that AI borrowers are stretched raises questions about whether that spending pays off.

The bear case

Oracle's contracted backlog still supports its spending plans, and a bad day for a competitor's bonds doesn't by itself change Oracle's own balance sheet.

What to watch

Oracle's reported talks with Apollo and Goldman Sachs on financing for its AI data centers, which it wants completed this year.

Source · SiliconAngleRead original ↗Report an error

Oct 16, 2026 edition

Larry EllisonOtherMediaPSKYAI read · ▼ Dilutive

Skydance stock plunges 22% after warrant payout

The move

Skydance, the renamed Paramount Skydance, fell as much as 26% intraday before closing down 22.2% at $7.06 on Oct 14, 2026, after distributing about 470.7 million warrants to former Paramount Class B shareholders. Each warrant lets holders buy one Class B share for $12; full exercise could raise $5.7 billion for the company while diluting current shareholders. The warrant payout came about a week after Skydance closed its $110 billion takeover of Warner Bros. Discovery, a deal backstopped by the Lawrence J. Ellison Revocable Trust.

Why it matters

The sell-off suggests investors think the combined company overpaid: Skydance's resulting market value of under $40 billion is less than half what Warner Bros. Discovery and Paramount were worth separately before the deal, according to Variety.

The bear case

Much of the drop is a one-time mechanical dilution tied to the merger's close, not necessarily a reassessment of the combined company's underlying business.

What to watch

The 12-day antitrust trial over the merger, scheduled for March 2, 2027.

Source · Fox BusinessRead original ↗Report an error

Oct 10, 2026 edition

Larry EllisonAcquisitionMediaSKYDAI read · ▲ Consolidation

Paramount Skydance closes Warner Bros. Discovery takeover

The move

Paramount Skydance completed its acquisition of Warner Bros. Discovery on Oct. 6, forming a new company called Skydance that combines Paramount Pictures, Warner Bros., CBS, CNN, HBO, Paramount+ and HBO Max. The deal was financed with about $47 billion in new equity led by the Ellison family, alongside RedBird Capital and sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi. David Ellison becomes chairman and CEO, with former Mattel chief Ynon Kreiz as co-CEO. The combined company must also pay down roughly $82 billion in debt.

Why it matters

It closes one of the largest media mergers ever, days after Paramount settled antitrust lawsuits from a coalition of states by agreeing to an editorial-independence board for CNN and an extra $1.5 billion in movie spending over five years.

The bear case

Skydance is targeting more than $6 billion in cost cuts within three years, which raises the risk of layoffs across the combined company, and press reports still disagree on the deal's total value.

What to watch

How quickly Skydance moves to merge Paramount+ and HBO Max into one streaming service.

Source · The Philadelphia InquirerRead original ↗Report an error

Oct 10, 2026 edition

Henry SamueliInvestmentAI & techAVGOAI read · ▲ Chip financing

Broadcom lines up $50B to finance OpenAI's custom chips

The move

The Wall Street Journal reported Oct. 7 that Broadcom is trying to arrange more than $50 billion in financing for custom AI chips it is co-developing with OpenAI, with Apollo Global Management and Blackstone among the private lenders approached. The financing would support chips tied to OpenAI's plan to deploy 10 gigawatts of AI accelerators by the end of 2029. The same report said Oracle and SpaceX are separately in talks with lenders including Apollo, Blackstone and Goldman Sachs on their own AI chip and compute deals.

Why it matters

It shows AI's buildout increasingly running on borrowed money arranged by chipmakers and banks, not just the cash reserves of the AI labs themselves.

The bear case

Talks are early, no deal is expected before year-end, and none of the companies involved has confirmed the size or structure of the financing.

What to watch

Whether Broadcom's financing, and the parallel Oracle and SpaceX deals, are finalized before year-end.

Source · CryptoBriefingRead original ↗Report an error

Oct 8, 2026 edition

Larry EllisonAcquisitionMediaPrivateAI read · ▲ Bet paying off

Paramount Skydance closes $110B Warner Bros. Discovery deal

The move

Paramount Skydance completed its roughly $110 billion acquisition of Warner Bros. Discovery on Oct. 6 and renamed the combined company Skydance Corporation. Netflix had an earlier agreed deal to buy Warner's studio and streaming business but walked away after Paramount's higher $31-per-share bid, collecting a $2.8 billion breakup fee that was written into the original agreement. Larry Ellison's family, together with RedBird Capital Partners, had committed to fully back a roughly $47 billion Paramount share sale tied to financing the deal.

Why it matters

The deal creates one of the largest media companies, combining Paramount+ and HBO Max, CBS News and CNN, and ties a large share of Ellison family wealth to how it performs.

The bear case

Paramount took on heavy debt and a massive share sale to fund the takeover; if streaming and ad growth disappoint, that leverage could weigh on the stock for years.

What to watch

Integration progress at the combined Skydance Corporation, and any further appeals tied to the state settlement that cleared the way for the merger to close.

Source · MoneywiseRead original ↗Report an error

Oct 6, 2026 edition

Larry EllisonInvestmentAI & techORCLAI read · ▼ Bearish

Ellison's fortune drops $200B as Oracle's debt piles up

The move

Oracle, which Larry Ellison co-founded and still owns about 40% of, has nearly doubled its long-term debt to more than $160 billion over two years to fund AI data centers, making it one of the largest borrowers in the US corporate bond market. Oracle's shares have fallen more than 50% over the past 12 months as heavy capital spending pushed free cash flow negative. Ellison's fortune has dropped by almost $200 billion since Oracle shares peaked a year ago, though he remains in the top 10 globally at around $192 billion.

Why it matters

Oracle's AI buildout is one of the most aggressive debt-funded bets in the industry, and Ellison's wealth is now a direct bet on whether that spending pays off.

The bear case

If AI demand or Oracle's cloud contracts fall short, the debt load leaves much less room for error than rivals funding data centers out of cash flow.

What to watch

Oracle's next earnings report for signs free cash flow is turning positive.

Source · Billionaires.AfricaRead original ↗Report an error

Oct 5, 2026 edition

Larry EllisonDebtAI & techORCLAI read · ▼ Risk

Oracle's AI debt binge leaves Ellison exposed

The move

Oracle has nearly doubled its long-term debt to more than $160 billion over two years to fund AI data centers, making it the fifth-largest borrower in the U.S. corporate bond market. S&P downgraded Oracle to BBB-, its lowest investment-grade rating, in July, and Oracle shares have fallen more than 50% over the past 12 months. Ellison's net worth has dropped about $200 billion over the past year to roughly $192 billion. Separately, Paramount Skydance, led by Ellison's son David, completed a $52 billion financing package of bonds and loans to support its $111 billion acquisition of Warner Bros. Discovery, with an Ellison family trust guaranteeing about $47 billion in equity.

Why it matters

Ellison's own fortune and his family's broader financial exposure are increasingly tied to debt-funded bets on AI infrastructure and media, both of which are now showing strain.

The bear case

Oracle's AI cloud backlog could still pay off if customer demand holds, and the debt is financing revenue-generating data centers, not consumption.

What to watch

Oracle's next quarterly earnings report for an update on free cash flow and the pledged-share total.

Source · Billionaires.AfricaRead original ↗Report an error

Oct 4, 2026 edition

Larry EllisonInsider tradeAI & techORCLAI read · ▼ Leverage behind the scenes

Ellison pledges $9.2 billion more Oracle stock as collateral

The move

Larry Ellison pledged 67 million more Oracle shares, worth about $9.2 billion, as collateral for personal loans, according to a disclosure reported Oct 1. He has now pledged 418 million of his 1.16 billion Oracle shares, or 36% of his stake, up 19 percentage points from a year earlier.

Why it matters

Ellison is leaning on his Oracle stock to help bankroll his family's financing of Paramount Skydance's bid for Warner Bros. Discovery, so the pledge level tracks how much of his fortune is tied up in that bet.

The bear case

Pledged shares aren't a sale, and Ellison has pledged stock before without issue. A margin call is only a real risk if Oracle's stock drops sharply.

What to watch

Oracle's next quarterly filing and any update on the Paramount Skydance-Warner Bros. Discovery deal

Source · FX LeadersRead original ↗Report an error

Oct 1, 2026 edition

Larry EllisonInvestmentMediaORCLAI read · ▲ Bankrolling junior

Ellison pledges $9.2 billion more Oracle stock for son's deal

The move

A Sept. 25 proxy filing showed Larry Ellison pledged 67 million more Oracle shares, worth about $9.2 billion at Friday's close, as collateral for personal loans, a 19% increase from a year ago. Ellison now has roughly 36% of his Oracle stake, about $57 billion worth, pledged as collateral. The filing ties the increase to Ellison helping finance his son David Ellison's Paramount Skydance in its planned $111 billion acquisition of Warner Bros. Discovery, with the Ellison family committing $47 billion in equity to that deal.

Why it matters

Oracle's own policy bars officers and directors from pledging shares as loan collateral, except for Ellison, so this is a personal financing tool other Oracle executives don't have, now being used to help fund one of the biggest media deals in years.

The bear case

Pledged shares can trigger margin calls if Oracle's stock drops sharply, which would force Ellison to sell stock or post more collateral at the worst possible time.

What to watch

Regulatory review of the Paramount Skydance-Warner Bros. Discovery deal, and whether Ellison pledges still more Oracle stock as it closes.

Source · Investing.comRead original ↗Report an error

Sep 29, 2026 edition

Larry EllisonLeadershipAI & techORCLAI read · ▼ Pay under pressure

Oracle's $1 billion CEO pay package is underwater

The move

An Oracle proxy filing showed the company gave Larry Ellison and co-CEOs Clay Magouyrk and Mike Sicilia nearly $1 billion combined in stock options in fiscal 2026: $117.8 million to Ellison, $621.7 million to Magouyrk and $248.7 million to Sicilia. By fiscal year-end, Oracle's stock had fallen 53% over 12 months to $137, below every strike price, leaving the options with no paper value.

Why it matters

Oracle framed the grants as necessary to keep AI and cloud leaders in a hot hiring market, right after Magouyrk and Sicilia were promoted to replace Safra Catz as co-CEOs.

The bear case

Underwater options only work as retention if the stock recovers; if it doesn't, Oracle may have to re-price or re-grant, which shareholders tend to dislike.

What to watch

Whether Oracle stock climbs back above the co-CEOs' $308 strike price.

Source · FortuneRead original ↗Report an error

Sep 28, 2026 edition

Larry EllisonFinancingAI & techORCLAI read · — Leverage play

Ellison pledges another $9.2 billion in Oracle stock

The move

An Oracle proxy filing disclosed Sept. 25 that Larry Ellison has pledged 67 million more Oracle shares as collateral for personal loans, a 19% increase from 2025, worth about $9.2 billion at Friday's $137.10 closing price.

Why it matters

The pledges help secure loans backing the roughly $111 billion Paramount Skydance deal to buy Warner Bros. Discovery, which Ellison and his son David are financing with about $47 billion of equity, partly from Middle Eastern sovereign funds.

The bear case

Pledged stock is collateral, not a sale, but a sharp enough drop in Oracle's share price could force Ellison to post more shares or cash to his lenders.

What to watch

Whether Ellison pledges further shares as the Paramount Skydance-Warner Bros. Discovery deal moves toward closing.

Source · CaproasiaRead original ↗Report an error

Sep 27, 2026 edition

Larry EllisonInvestmentAI & techORCLAI read · ▼ Leveraged bet

Ellison pledges $9.2B more Oracle stock for Warner Bros. bid

The move

An Oracle filing revealed Friday that Larry Ellison pledged 67 million more Oracle shares as collateral for personal loans, a 19% increase from a year earlier. His total pledge is now about 413 million shares, 36% of his 1.16 billion Oracle shares, worth roughly $9.2 billion more than last year at Oracle's Sept. 25 close of $137.10. Oracle bars other officers and directors from pledging shares this way but carves out an exception for Ellison. The borrowed money helps fund his family's commitment to son David Ellison's $111 billion bid for Warner Bros. Discovery through Paramount Skydance, which recently cleared lawsuits from state attorneys general and the Writers Guild of America.

Why it matters

The bigger the pledge, the bigger the risk if Oracle's stock drops sharply: lenders could force a sale of shares to cover the loans, adding selling pressure at the worst time.

The bear case

Ellison's pledged stake is still well under half his Oracle holdings, and the collateral pool is a small slice of his roughly $184 billion net worth, so a forced sale stays unlikely unless Oracle shares fall hard.

What to watch

Whether Paramount Skydance's $111 billion Warner Bros. Discovery bid closes without further legal challenges.

Source · Billionaires.AfricaRead original ↗Report an error

Sep 26, 2026 edition

Larry EllisonInsider tradeAI & techORCLAI read · — Leverage

Ellison pledges $9.2B more Oracle stock as collateral

The move

A proxy filing disclosed Friday that Larry Ellison has pledged 67 million more Oracle shares as loan collateral than a year earlier, a 19% increase. Those shares are worth about $9.2 billion at Oracle's Friday close of $137.10, bringing his total pledged stake to roughly 36% of his approximately 1.16 billion Oracle shares.

Why it matters

The added borrowing coincides with his family's role financing Paramount Skydance's acquisition of Warner Bros. Discovery, showing how much of Ellison's fortune is tied up as loan collateral rather than cash.

The bear case

Pledging shares as collateral is common for founders and isn't a sale; Oracle stock would need to fall sharply before lenders could force a margin call.

What to watch

Whether Ellison discloses further share pledges as the Paramount-Warner Bros. Discovery financing progresses.

Source · Investing.comRead original ↗Report an error

Sep 24, 2026 edition

Larry EllisonAcquisitionMediaPSKY · WBDAI read · ▼ Costly if delayed

Paramount's Warner Bros. Discovery deal risks a daily penalty

The move

Paramount Skydance's $31-per-share cash deal to buy Warner Bros. Discovery must close by Sept. 30 or Paramount owes WBD shareholders a ticking fee that accrues daily on top of that price. A group called Block the Merger is still fighting the deal in court, with amicus briefs due Sept. 25.

Why it matters

Every day past Sept. 30 raises the price Ellison-backed Paramount pays for WBD, on top of the legal costs of fighting off the merger challenge.

The bear case

The fee is small day to day, and Paramount has already shown it's willing to pay to keep the deal moving rather than let it collapse.

What to watch

Whether the deal closes by Sept. 30, and the outcome of the Sept. 25 amicus filings.

Source · TheWrapRead original ↗Report an error

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