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ORCL
New York Post
3 hrs

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison's net worth by $34B

1. Oracle's stock fell over 12%, shrinking its market cap by $90 billion. 2. Ellison's wealth dropped by $35 billion, impacting his ranking among billionaires. 3. Investors worry about Oracle's $100 billion debt driven by AI investments. 4. Stock decline triggered a selloff in tech, affecting major companies. 5. Despite concerns, some analysts remain bullish on Oracle's future potential.

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FAQ

Why Bearish?

The significant drop in stock price due to debt concerns signals investor distress. Historically, similar situations have led to prolonged declines if not mitigated.

How important is it?

The article highlights significant financial metrics that could influence investor perception and valuation of ORCL. The drastic stock movement and Ellison's financial position directly impact market sentiment.

Why Short Term?

Immediate market reactions due to debt fears and sector selloff suggest short-term impacts. However, future business commitments might stabilize the long-term outlook.

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