U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the S&P 500 ( ^GSPC 0.88%) and Nasdaq Composite ( ^IXIC 0.64%) gained 0.6% and 0.3%, respectively.

Oracle stock trades at a price-to-earnings ratio (P/E) of 40.5, which is a slight premium to the average P/E of Microsoft, Amazon, and Alphabet (36.7). They are three of the biggest operators of AI data center infrastructure besides Oracle:

Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.

Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI,

CEO Elon Musk or Oracle Corp. (NYSE:ORCL) Chairman Larry Ellison acquiring TikTok, marking a significant shift in the platform’s uncertain future amid regulatory challenges. What Happened: Speaking at a press briefing Tuesday,

Discover why Oracle stock is soaring, from AI projects like Stargate to cloud computing growth. Learn what’s driving its rise in 2025.

Chicago, IL – January 22, 2025 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Amazon AMZN, Meta Platforms META, Oracle ORCL and ARM Holdings ARM.

Investing.com-- President Donald Trump said on Tuesday that he would be open to letting Tesla (NASDAQ: TSLA) CEO Elon Musk or Oracle (NYSE: ORCL) head Larry Ellision purchase TikTok under a joint venture with the U.S. government.

Below is Validea's guru fundamental report for ORACLE CORP (ORCL). Of the 22 guru strategies we follow, ORCL rates highest using our Multi-Factor Investor model based on the published strategy of ...

Day two of Donald Trump's second presidency culminated in an announcement that OpenAI, SoftBank Group and Oracle (NYSE: ORCL) will form a venture called Stargate and invest $500 billion in AI infrastructure across the United States, though how much of that was already long planned is anyone's guess.