By Yahoo Finance Video
Publication Date: 2025-12-19 14:27:00
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Now it’s time for some of today’s hot tickers. We are watching Oracle, Nike and FedEx.
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First up is Oracle, whose shares are rising after TikTok parent Bite Dance announced it had signed a deal for the US joint venture.
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TikTok’s long-awaited new US operations will be managed by Oracle, Silver Lake and MGX.
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and ByteDance will hold a 20% stake in this company.
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Recall that President Trump signed an executive order sealing this TikTok deal in September, although details about the transaction were scant at the time.
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The deal is still awaiting approval from Chinese regulators.
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Next up is Nike. Stocks are on track for their biggest decline since April.
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The apparel company warned that sales are likely to decline in the current quarter as the turnaround is delayed.
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Nike is facing…
