By James Van Straten
Publication Date: 2025-12-19 11:44:00
Shares of Oracle (ORCL) rose more than 6% to around $190 in premarket trading after Bloomberg reported TikTok signed binding agreements to form a new US joint venture led by OracleThis helps allay investor concerns about AI-driven valuation risks.
The optimistic reaction spread to all risk assets. Bitcoin As the share price jumped above $88,000, Invesco QQQ (QQQ) futures, which track the performance of the Nasdaq-100, rose about 0.5%, while AI mining stocks also rose. IREN (IREN) rose about 4%, Cipher Mining (CIFR) rose about 4%, and CoreWeave (CRWV) climbed about 6%.
Oracle will play a central role as the primary cloud infrastructure and data security provider, overseeing where TikTok’s AI recommendation systems are retrained and run on US-based data.
Markets view the deal as confirmation that Oracle’s AI presence is tied to real, large-scale workloads.
This is important because AI hyperscalers like Oracle and CoreWeave have come under pressure in…
