oracle stock forecast after tiktok

User data per. The most urgent issue for TikTok though is heading off the Trump administrations planned download ban which is slated to go into effect after 1159 pm.

Tiktok Us Deal Tiktok Selects Oracle Microsoft S Bid Is Rejected Reports Tiktok Us Oracle Bid

ByteDance TikToks Chinese owner has selected Oracle ORCL to be its technology partner in the United States.

. Oracle ORCL-074 is apparently the winner of the race to acquire the US. Dont expect the Oracle-TikTok deal to drive a long-lasting rally in Oracle stock. Published September 18 2020.

But investors dont seem. Keep in mind Oracles stock has badly lagged the tech rally of the last five years 64 gain for Oracle vs. Commerce Department issued a ban on TikTok and WeChat.

Oracle surged as much as 8 on Monday after multiple news outlets reported the company won the bidding to partner with TikToks US arm. REDWOOD CITY CBS SF CNN -- Who needs viral videos. If President Trump approves the latest deal for video-sharing app TikTok Oracle ORCL 082 will emerge with a 20 minority stake in the company and Walmart WMT.

The price remains above the daily Ichimoku cloud after reaching all-time high levels. Oracles plan to buy the US assets of Chinese-owned TikTok in a partnership with Walmart is dead now that Donald Trump is out of the White House. Lastly the deal could.

Notably Oracle is expected to assume management of. The news follows an intense race. You could rather buy this tech stock on TSX to get much better returns in the long term.

Market Trend The Big. No TikTok Deal No Problem For Oracle Stock. However it remains volatile on TikTok talks.

Oracle shares extended gains in early Monday trading following the companys statement and after being suspended by the New York Stock Exchange at 933 am eastern. ORCL Stock Jumps 2 on TikTok Deal Buzz ORCL wants to challenge MSFT for TikTok August 18 2020 By William White InvestorPlace Writer Aug 18 2020 324 pm. ORCL has won the bid for the coveted social media app beating out Microsoft Corp.

Oracle which was an early winner in the deal thanks to its Trump-supporting CEO will take over any TikTok data pertaining to American customers. Oracles plan to buy the US assets of Chinese. A Positive For Oracle Stock.

Oracles plan to buy the US assets of Chinese-owned TikTok in a partnership with Walmart is dead now that Donald Trump is out of the White House. But investors dont seem. Depending on how the TikTok deal.

The stock moves followed a 07 rise in. 11 Things for ORCL Stock Investors to Know ORCL has confirmed it plans to buy TikTok September 14 2020 By William White InvestorPlace Writer. 125 pop for the Nasdaq in large part due to the company being late.

Operations of Chinese video-sharing app TikTok after Microsoft MSFT-146 announced its. The TikTok drama is nearing its end now that Oracle Corp. The news comes barely a year and a half after the Committee on Foreign Investment in the United States CFIUS ordered ByteDance to remove its app TikTok from the.

Oracle Corporation ORCL is trading lower in Fridays pre-market after the US. We could see pullbacks towards 56 and 53. Walmart edged up 03 to 13669.

Oracle stock dipped 04 closing at 6018 on the stock market today. Analysts had estimated earnings of 118 a share -- based on Oracles forecast of 114 to 118 a share -- and revenue of 1051 billion. The stock resumed trading after Oracle confirmed late in the morning that it struck a deal with TikTok owner ByteDance to become its trusted technology provider.

Oracle stock rose Monday after the database software company in a partnership with Walmart said they reached a deal with TikTok owner ByteDance.

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