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If the U.S. government bans TikTok, it could be a major blow to Oracle.
As the primary cloud provider for TikTok, Oracle's bottom line is directly tied to TikTok's fate. The eleventh-hour move by President Trump helped boost Oracle stock, as investors hope for a ...
Under the threat of TikTok’s shutdown in the U.S., ByteDance inked a tentative deal with Oracle and Walmart, which under the proposed terms would acquire a combined 20% stake in TikTok.
(See ORCL stock analysis on TipRanks).On September 11, Barclays analyst Raimo Lenschow raised Oracle stock’s price target to $59 (3.5% upside potential) from $52 and reiterated a Hold rating.
The research firm raised its price target from $155 to $210, implying a 22% upside in the stock. Additionally, over the weekend, Jefferies raised its price target on the stock from $170 to $190 ...
Oracle (NYSE: ORCL) share prices have had a strong year on the back of renewed interest due to strength in its cloud infrastructure business. Let's dig into Oracle's fiscal Q2 results to see if ...
Oracle is slated to publish its quarterly earnings at 4 p.m. CST time on Monday. On average, analysts following it are expecting revenue of just over $14.1 billion, which, if met, would represent ...
Oracle Corp. is the apparent winner in the TikTok bidding war, after Microsoft announced that its offer to acquire the popular video-sharing app had been rejected. There’s just one week till the ...