Why did Boeing get FAA approval to boost 737 Max output?
What caused Broadcom's recent staff cuts in sales?
How will Kering's sale of beauty unit affect the luxury market?
Why is Nvidia’s AI GPU market expanding rapidly?
What impact does the US government shutdown have on workers?
How is AI driving San Francisco’s rent surge?
Why did Salesforce CEO apologize for political comments?
Larry Ellison’s Net Worth Drops $24 Billion On Oracle Slide
forbes.com/sites/tylerroush/2025/10/17/larry-ellison-loses-24-billion-as-oracle-shares-slide
Topline
Larry Ellison, the world’s second-richest person, had roughly $24 billion cut from his net worth as shares of his Oracle tumbled on Friday, despite executives providing revenue growth forecasts that were applauded by Wall Street.
Key Facts
Shares of Oracle dropped about 7% to…
This story appeared on forbes.com, 2025-10-19 01:52:36.157000.