Concern over Oracle's massive AI infrastructure investment has cut Larry Ellison's fortune by $104 billion, dropping him from 2nd to 8th richest in the world.
The competition for AI computing power has entered a credit expansion phase. Major tech firms like Meta and Microsoft are leveraging corporate bonds and project financing to fund data center investments that surpass their operating cash flows.
Hacker group ShinyHunters exploited Oracle PeopleSoft zero-day CVE-2026-35273, breaching over 100 organizations, including the University of Nottingham, where 40 GB of data was stolen. Google threat intel confirms.
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