TikTok's fate remains uncertain as Apple, Google, and Oracle have differing approaches due to their interests. Trump's support for Oracle and potential buyers adds to the drama.
Tuesday's market has seen significant movements among stocks, with some companies experiencing notable gains while others face declines. Mega-cap stocks like Oracle Corp (NYSE:ORCL) and Apple Computer Inc (NASDAQ:AAPL) have made headlines with their intraday stock movements,
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump's pledge that the US government won't enforce a national security law that raised potential penalties for US partners of the popular video app TikTok.
Oracle (ORCL) stock jumped 7% on Tuesday — and continued its ascent in after-hours trading — as President Donald Trump announced it would be part of a $500 billion investment in AI infrastructure with other leading tech companies.
The leg up comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.6% and 0.3%, respectively. Oracle is benefiting from several executive orders signed by President Trump on his first day in office,
Apple Inc. and Oracle Corp. have reacted differently to President Donald Trump’s pledge that the U.S. government won’t enforce a national security law raising potential penalties for U.S. partners of
In a significant development shaking the global technology landscape, Chinese AI startup DeepSeek has emerged as a formidable contender against established US tech giants. Surpassing ChatGPT to become the top-rated app on Apple’s App Store in the US,
Meanwhile, Wedbush analysts have raised their price target on Tesla Inc (NASDAQ: TSLA) shares to $550, the highest on Wall Street, from $515. The upgrade reflects “growing confidence” in Tesla’s delivery demand outlook for 2025 and the anticipated acceleration of autonomous and AI initiatives under the Trump Administration.
U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more here.
The surge comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 1.7% and 1.6%, respectively. Oracle is a featured player in President Trump's new artificial intelligence (AI) infrastructure initiative,
The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry Ellison or Tesla (TSLA) CEO Elon Musk purchasing social media app TikTok, as part of a joint venture with the US government.