By Henry Khederian
Publication Date: 2025-12-22 18:43:00
Oracle Corp (NYSE:ORCL) Shares are trading higher Monday afternoon as investors react to recent reports that the software giant will become one of them TikToks new US owners, offering a respite from weeks of selling pressure. Here’s what investors must know.
What you should know: Reports last week suggested an Oracle-led consortium that included a private equity firm Silver Lake and UAE-backed investor MGX have reportedly agreed to acquire a minority stake in TikTok.
The group, along with Oracle, is expected to hold around 45% of the existing new entity Byte Dance Investors will own about a third and ByteDance will retain a 20% stake. are Americans expected to fill most of the seven board seats in the restructured company.
Monday’s rally also comes after Oracle shares fell in recent sessions Issue about its aggressive AI expansion. The company recently reported mixed numbers Second quarter resultswith sales of around $16.1 billion, falling just short of Wall Street estimates…
