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Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions involving OpenAI. The rally highlights growing confidence in Oracle’s strategic positioning across cloud computing, artificial intelligence, and high-profile technology partnerships.
According to multiple reports, ByteDance has agreed to sell more than 80% of TikTok’s U.S. operations to a consortium that includes Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment group MGX. The proposed deal is designed to address U.S. national security concerns surrounding TikTok’s Chinese ownership and to avert a potential nationwide ban of the popular short-form video platform. Under the terms of the agreement, Oracle and its partners would hold a controlling stake in a newly created TikTok U.S. entity, with the transaction expected to close by late January, pending regulatory approvals.
Following the news, Oracle stock jumped approximately 6% after the bell, climbing to $190.74. The after-hours surge marked a notable rebound for the tech giant, whose shares had come under pressure earlier in the month amid concerns over heavy infrastructure spending. Investors had been wary of Oracle’s capital commitments related to its multibillion-dollar cloud partnership with OpenAI, which raised questions about near-term margins despite long-term growth potential.
Adding to the positive momentum, The Information reported that OpenAI, the artificial intelligence company backed by Microsoft (NASDAQ: MSFT), is in early-stage talks to raise as much as $100 billion at a valuation estimated around $750 billion. The report underscores sustained investor appetite for AI-focused companies and reinforces the strategic importance of Oracle’s role as a key cloud infrastructure partner in the rapidly expanding AI ecosystem.
Together, the TikTok transaction news and OpenAI fundraising chatter helped ease recent investor concerns and refocused attention on Oracle’s long-term growth drivers. With exposure to cloud services, artificial intelligence, and major technology platforms, Oracle appears well-positioned to benefit from continued digital transformation and AI investment trends, supporting renewed bullish sentiment around the stock.
