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Trump approves TikTok deal through executive order

1. Oracle to invest in TikTok's U.S. operations with a 45% stake. 2. New joint venture must be approved by China for deal to finalize. 3. Oracle will manage TikTok's security operations and cloud services. 4. TikTok's U.S. business valued between $30 billion to $35 billion. 5. Deal delays enforcement of national security law until December 16.

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Why Bullish?

Oracle's investment and role in managing TikTok's U.S. operations enhance growth prospects. Previous examples show strategic partnerships can drive stock performance positively.

How important is it?

The potential revenue and operational control through TikTok represent a significant opportunity for Oracle. The article highlights a pivotal moment in Oracle's growth strategy.

Why Long Term?

The sustained operational involvement in TikTok can lead to revenue streams over multiple years. Similar past investments in digital platforms have yielded long-lasting benefits.

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