Episode

Larry Ellison Halts $7.5B Oracle Sale | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Sep 12, 2026
Duration seconds
73
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https://sources.thednn.ai/750d8bac777cc1be
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https://api.fastcast.ai/audio/bc697df0-6b95-4be6-b4b7-655b54a9f070.mp3
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Summary

Larry Ellison, Oracle’s 82-year-old founder still holding over 40% of the company, abruptly canceled a massive $7.5 billion share sale just 24 hours after announcing it—no shares sold. Despite his AI-driven pivot and heavy debt, Oracle’s stock is down 23% this year. Meanwhile, Larry’s son David is pushing to buy Warner Bros. Discovery with family cash, though the deal’s stalled by antitrust concerns. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/750d8bac777cc1be