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01.02.26 - 16:00
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Why TikTok′s first week of American ownership was a disaster (The Guardian)
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App endured a major outage and user backlash over perceived censorship. Now it's facing an inquiry by the California governor and an ascendant competitorA little more than one week ago, TikTok stepped on to US shores as a naturalized citizen. Ever since, the video app has been fighting for its life.TikTok's calamitous emigration began on 22 January when its Chinese parent company, ByteDance, finalized a deal to sell the app to a group of US investors, among them the business software giant Oracle. The app's time under Chinese ownership had been marked by a meteoric ascent to more than a billion users, which left incumbents such as Instagram looking like the next Myspace. But TikTok's short new life in the US has been less than auspicious. Continue reading......
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30.01.26 - 21:49
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Oracle is a “Decade Stock,” Could More Than Double, Says Analyst (24/7 Wall St.)
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Oracle (NASDAQ:ORCL) has already been punished harshly by the market, thanks to its heavy debt load and OpenAI exposure. That said, the punishment just seems to keep coming for the fast mover in AI data centers. The stock shed another 2.2% on Thursday, sinking below the $170 per-share mark. Undoubtedly, the stock has already lost ... Oracle is a “Decade Stock,” Could More Than Double, Says Analyst
The post Oracle is a “Decade Stock,” Could More Than Double, Says Analyst appeared first on 24/7 Wall St.....
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29.01.26 - 20:54
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Is Oracle Still Worth Chasing, or Is the Stock Set to Plunge More? (24/7 Wall St.)
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Oracle (NYSE:ORCL) looked like it was destined to be the next $1 trillion company last year before things made an abrupt turn. The stock has nearly halved since then, with the market cap now below $470 billion. This is despite the company being knee-deep in the burgeoning AI data center race and having an oversized ... Is Oracle Still Worth Chasing, or Is the Stock Set to Plunge More?
The post Is Oracle Still Worth Chasing, or Is the Stock Set to Plunge More? appeared first on 24/7 Wall St.....
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