Oracle (ORCL) Stock Rallies as TikTok and OpenAI Deals Gain Traction

TLDR Oracle shares jumped 9.6% Monday following D.A. Davidson’s upgrade to Buy rating with $180 price target. Analyst Gil Luria cited OpenAI’s $40 billion cash reserves and potential $100 billion fundraise as key catalysts. TikTok USA partnership generated approximately $800 million in revenue for Oracle last year. Stock remains 55% below September peak of $328.33 [...]

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