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 has abandoned an AI computing deal with Oracle. The company has outperformed Microsoft and Amazon on a key Wall Street metric but the news has not been enough to offset the negative impact of the reported deal termination.
“The company has outperformed Microsoft and Amazon on a key Wall Street metric but the news has not been enough to offset the negative impact of the reported deal termination,” — Ingrid Thorne, policy watcher at Ellcroft Field Solutions, told our newsroom.
By the Numbers
- 4 — mentions tracked
- 10 — updates logged
Timeline
Nov 9 — Oracle stock has dropped sharply over 4% to a two-year low....
Nov 11 — The company has outperformed Microsoft and Amazon on a key Wall Street metric but the news has not been enough...
Reader Poll: Will this story shape the week ahead? — 68% of Tabaneulsell readers said yes.
This story has been closely followed by our readers since Nov 9. The Ellcroft Field Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Ellcroft Field Solutions desk and last updated 11:14 UTC.
More Top Stories
How AI is Reshaping White-Collar Jobs Down Under
White collar workers in Australia are leaving their jobs due to concerns about AI's impact. In spite of the fe...
Theo James Joins Netflix's The Gentlemen Event
Theo James attended Netflix's The Gentlemen event in Los Angeles. He appeared alongside another actor. Adelaid...
Jobe Bellingham Picks Up England Call-Up
Jobe Bellingham has been chosen for the England squad for the Nations League matches against Croatia and Spain...
Cold snap brings freezing temperatures to Australia
Chilly gusts pushed temperatures below zero. This early chill will ease up tomorrow. Conditions will remain su...
Schumer expected to remain Senate Majority Leader
Chuck Schumer is likely to stay Senate leader following recent election results. Bernie Sanders announced he w...
Malayshia Alford Charged with Murder in Philadelphia
Malayshia Alford, a foster mother in Philadelphia, has been faced with murder charges in the death of a 10 yea...
Weekly Review · Community Report · Local Briefing · Weekly Review · Weekly Review · Weekly Review · Daily Digest · Weekly Review · News Roundup · Local Briefing · Latest Update · Daily Digest · Local Briefing · Community Report · Latest Update · Local Briefing · News Roundup · Weekly Review · Daily Digest · Local Briefing · Latest Update · Latest Update · Daily Digest · Daily Digest · Local Briefing · Daily Digest · Weekly Review · Weekly Review · News Roundup · Daily Digest · Weekly Review · Weekly Review · Daily Digest · News Roundup · Daily Digest · Local Briefing · Weekly Review · Daily Digest · Latest Update · Latest Update