ELLISON CANCELS $7.5B ORACLE STOCK SALE — Pressure Mounts on Free Cash Flow...

Oracle founder Larry Ellison scrapped a plan to sell up to $7.5 billion in company stock as the software giant's shares fell sharply. Executives sometimes pause or cancel planned stock sales when share prices drop, since selling at lower valuations means less proceeds for the company or individual seller. Oracle's stock movements often reflect broader shifts in investor sentiment toward cloud computing and artificial intelligence companies, which the firm is heavily betting on.