Larry Ellison renunță la planul de a vinde acțiuni Oracle

Larry Ellison has abandoned his plan to sell 50 million Oracle shares, valued at around $7.5 billion, after the news became public. Oracle confirmed that no shares were sold and Ellison has no further sale plans. The decision comes amid rising investor pressure due to significant spending on AI and cloud infrastructure, alongside recent job cuts affecting 21,000 positions globally. Oracle's stock fell 1.7% following financial results, raising concerns about the company's expenses. Ellison controls about 40% of Oracle and is also a financial backer of his son’s business ventures.