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UnknownUnicorn4017959

Oracle Tik Tok Deal NOT finalized, proceed with caution

Oracle Corporation (NYSE:ORCL)  
UnknownUnicorn4017959  
NYSE:ORCL   Oracle Corporation
Trend Analysis Fundamental Analysis Technical Indicators tiktok ORCL oracle bytedance
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trendanalysis fundamental indicator tiktok orcl oracle bytedance
Tik Tok and Oracle deal not officially approved by Trump yet. Government overall concerned that Oracle only wants a partial ownership (20% I think), and is not outright buying all the software like Microsoft had planned to do. Bytedance will still be majority shareholder, overall this deal could fall apart quickly, so be careful with overall share prices severely overinflated and overbought. Copyright Rohan Karunaratne 2020
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