Yesterday Trump approved the TikTok deal which would make Oracle a 12.5% owner/Walmart 7.5%. Since ByteDance will now be a big customer of Oracle as they will become their main cloud provider, I am thinking of also buying shares of Oracle as soon as the market opens on Monday. I was already planning on buying Walmart stock because I believe it's a good long term stock, but with a commercial partnership now approved I think it's even more of an attractive stock. Also - Fastly stock. Much of Fasty's growth was due to ByteDance being their single largest customer. Now that TikTok won't be banned (hopefully) this has me considering them as well. When Twitter and Microsoft were both rumored to be involved in the deal, their stock went up, so I would bet the same thing happens for Oracle, Walmart, Fastly on Monday which is why I'm going buy as soon as the market opens on Monday. What does everyone think?
Sure π
Too late
Oracle stock will most likely grow 5-10 pct during next week
Buy and make me rich π€π€π€
Me too!
What's the prediction for Oracle $60 stock price to grow over next 3 months, would it hit $90?
Lol
Lol
Buy the rumor, sell the news
So Oracle paid $7.5B for the right to host TikTok on OCI? Where's the value here?
12.5% of Tiktok and right to host
Possible IPO if tiktok continues to grow. If tiktok can monetize their platform for ads for retailers like WMT = more traffic and more OCI needs. Tiktok is going to need a good leader to help it grow for the next 1-3 years.
The stock is not even spiking, sad.
Nope.