By Jeff Kilburg
Publication Date: 2025-12-19 16:00:00
Oracle has been a poster child for “AI profit-taking” after nearly halving in price since trading as high as $345 on September 10. The euphoria at Oracle came after investors celebrated news of its massive backlog in AI-related business. Given ORCL’s oversold conditions and Friday’s encouraging TikTok news for Oracle, I believe it’s time to own this essential AI products and services giant. I want to use options to take advantage of the chance that Oracle has hit a potential bottom. TikTok has finally signed deals with three major investors (Oracle, Silver Lake and MGX) to form a new TikTok US joint venture to ensure Americans continue to have the option to waste their time scrolling “cat and dog” memes on TikTok. Oracle co-founder Larry Ellison remains chairman and chief technology officer (CTO) and continues to play an influential role in the company’s strategy, particularly in AI and cloud. Ellison is also a close confidant…