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Oracle Stock Surges on Reported TikTok Deal Involvement

1. Oracle shares surge on TikTok deal negotiations involving U.S. operations. 2. The final TikTok deal could involve multiple companies and ownership complexities. 3. Oracle co-founder Larry Ellison has close ties to Trump, possibly influencing negotiations. 4. Stock up 80% prior, now rising another 5% in premarket trading. 5. Oracle's previous earnings report indicated strong growth potential amid AI boom.

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FAQ

Why Bullish?

The potential TikTok deal may solidify Oracle's market position, similar to past tech acquisitions that boosted company valuations.

How important is it?

The article highlights pivotal negotiations impacting Oracle's market strategy and stock price, suggesting a solid business opportunity.

Why Short Term?

The immediate surge in stock price reflects short-term investor sentiment amidst ongoing negotiations, akin to previous spike scenarios seen during merger news.

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