🚨 Big Move in Tech & Media! 💥
💥 #TikTok. has officially formed a new U.S. entity with Oracle, Silver Lake, and MGX stepping in as key investors — a major step to secure TikTok’s future operations in the United States 🇺🇸
📉 But markets reacted cautiously:
Oracle’s stock slipped after the news, continuing a recent downtrend. Investors remain divided as concerns linger around Oracle’s GPU cloud business and modest growth outlook ahead of earnings.
💡 What to watch:
• Regulatory stability for TikTok
• Oracle’s earnings and cloud performance
• Investor sentiment in big tech
Stay tuned — this partnership could reshape both tech and media markets. 🔍🔥