Overview
- Larry Ellison’s Bloomberg-estimated net worth stands near $199 billion after a roughly $49–50 billion slide since early January.
- Oracle shares fell about 5% in one session this week, erasing roughly $9 billion from Ellison’s paper wealth.
- Anthropic released Claude Cowork plugins that automate tasks in legal, sales, finance, marketing, and data analysis, prompting a broad software-stock selloff.
- Oracle has pursued AI infrastructure deals with Nvidia and OpenAI, heightening scrutiny of its spending, debt load, and execution risks.
- The company reported $523 billion in remaining performance obligations as of Nov. 30, up 438% year over year, and investor Michael Burry has publicly criticized and shorted the stock.