TikTok has finally reached a deal to form a new U.S. entity, officially keeping the platform up and running.
D.A. Davidson upgraded the stock to Buy from Neutral, arguing the recent selloff has been overdone.
Oracle (ORCL) stock jumped 9.6% to $155.95 Monday as D.A. Davidson upgraded to Buy citing OpenAI's $40B cash and TikTok USA's $800M revenue contribution.
Oracle (ORCL) shares are positioned for a potential boost as a deal to spin off TikTok's U.S. operations nears completion, with the software giant set to secure a 15% stake in the new American entity.
The U.S. is expected to eventually allow Nvidia to sell H200s and similar chips from AMD to China, as President Donald Trump ...