Eseandre Mordi
⬤ Oracle Corporation (ORCL) keeps sliding, now sitting about 48% below its September 10 all-time high. The carnage has wiped out roughly $475 billion in market cap, according to Barchart data. The stock recently changed hands around $180—a far cry from where it was just a few months ago.
⬤ The chart tells a pretty clear story: Oracle peaked in early fall and hasn't looked back since. Through October and November, the stock kept making lower highs and lower lows. Every bounce got sold into, and by mid-November, key support levels gave way completely, sending shares into a steeper dive through December.
The scale of the market capitalization loss underscores broader volatility in large-cap technology, where valuation resets continue to drive sharp price adjustments.
⬤ Things have calmed down a bit lately—the free fall has slowed—but there's no real recovery taking shape yet. The stock has stabilized near recent lows, but those brief upticks haven't gone anywhere meaningful. Old support zones are now acting as resistance, and technically speaking, there's nothing signaling a turnaround is coming.
⬤ This matters beyond just Oracle shareholders. We're talking about one of the biggest names in enterprise software and cloud infrastructure taking a 50% haircut in just over three months. It shows how quickly sentiment can turn, even for industry giants. When you're losing nearly half a trillion in market value, it's a reminder that large-cap tech isn't immune to sharp corrections when expectations shift.
Eseandre Mordi
