By Ty Roush
Publication Date: 2026-01-27 16:42:00
Topline
Oracle Chief Executive Larry Ellison fell behind Meta’s Mark Zuckerberg on Tuesday to become the world’s sixth richest person, as Oracle shares continued to fall from an all-time high despite the company’s recent agreement to become a leading shareholder in TikTok’s U.S. operations.
Ellison’s Oracle shares have fallen steadily since hitting an all-time high.
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Important facts
Shares of Oracle fell 2.3% to around $178.10 as of 11:40 a.m. EST, adding to the stock’s decline of more than 9% this year.
Shares of Meta fell slightly (0.1%) on Tuesday ahead of the company’s earnings report on Wednesday.
It’s not immediately clear what was pushing Oracle shares lower, although some economists appear to have become pessimistic about the company’s future: Morgan Stanley analysts led by Keith Weiss cut the stock’s price target by 33% from $320 to $213, arguing that the company’s infrastructure expansion could reduce Oracle’s profits and increase its capital spending beyond…
