Oracle stock's recent sell-off reflects growing unease about the cost and timing of its AI infrastructure gamble.
Oracle gains on cloud growth from large RPOs, discounted valuation, backlog monetization, and a 30%+ growth outlook. Read why ...
Oracle Stock Slides Tuesday Following Reports Of Limited Control In TikTok Deal - Oracle (NYSE:ORCL)
A memo reportedly reveals that the new U.S. investors may wield significantly less influence than anticipated.
The new system is designed to reward rainmakers and weed out underperformers as Google Cloud races to catch up to Amazon and Microsoft.
Oracle's stock jumped after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. The deal prevents a shutdown of the app in the U.S. over national security concerns.
Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...
TikTok agreed to a new joint venture that will be controlled by American investors, according to reports Thursday.
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