#finance

2 posts

finance

Oracle stock hits 52-week low as Microsoft winds down AI cloud deal

Oracle shares fell to $109.21, down from a June peak of $250.25, after Microsoft reportedly began winding down its deal to rent AI cloud capacity. Larry Ellison dropped out of the top 10 billionaire rankings.

Nov 6, 2026 · #finance #tech

finance

A $2 trillion tech rout after the midterms, driven by AI regulation fears

The Nasdaq fell more than 5 percent on Nov. 5 after Democrats won the midterms overwhelmingly. Investors fear a Democratic Congress will crack down on AI and data centers. Tesla and SpaceX were hit hard. The selloff wiped out $2 trillion in market value.

Nov 6, 2026 · #finance #politics