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If the U.S. government bans TikTok, it could be a major blow to Oracle.
(See ORCL stock analysis on TipRanks).Overall, Wall Street analysts are cautiously optimistic on the stock split between 7 Buys, 11 Holds and 1 Sell, which gives the stock a Moderate Buy consensus.
(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.
Peloton, Oracle and Rent the Runway were just some of the companies on the move in after hours trading on Monday, September 12, 2022.
Kelly O'Grady, dot.LA Chief Correspondent and Former Disney Senior Analyst joins Yahoo Finance’s Zack Guzman to break down the latest on Oracle's deal with TikTok over its U.S. business operations.
A deal that would give Oracle and Walmart ownership stakes in TikTok is up in the air — and may not happen at all, as the Biden administration reviews Trump’s actions and policies against ...
ByteDance said on Monday that it will own 80% of TikTok Global, a newly created U.S. company that will own most of the app's operations worldwide. ByteDance, Oracle at loggerheads over terms of ...
Oracle (ORCL) and Walmart have issued a joint statement confirming their plans to snap up a minority stake in TikTok's U.S. business. Oracle will acquire a 12.5% stake in TikTok Global, while ...