Funding rounds of that size are no longer unusual. The surge in AI investment and the growing need for cloud capacity and data centers have pushed many companies to seek massive financing. But Oracle's recent run has been unusually volatile. Just a few months ago, its shares jumped 40% in a single day, briefly making CEO Larry Ellison the world's richest person ( ahead of Elon Musk).
Over the past several days, TikTok users have found themselves at a loss. Literally, I mean: They lost their audiences, and their view counts showed "0." Some people who attempted to upload content about anti-ICE protests or the killing of Alex Pretti alleged that the platform was intentionally blocking them from doing so. Others were able to get their videos uploaded, but alleged that TikTok was not distributing them.
After months of negotiations, TikTok finalized a deal with several US-based investors days before the next deadline, after which TikTok would have allegedly been banned in the US. Today, TikTok was finally divested from ByteDance, which retains a 20% stake, while the other 80% is split between Oracle, Silver Lake, MGX and others. Each of those three companies gets a 15% stake.
TikTok has finalized the deal for its US entity, with its parent company ByteDance selling majority of its stake to a group of non-Chinese investors. The deal was closed just before the Trump Administration's latest deadline, banning the app in the US unless it was divested from ByteDance, which will only retain 20 percent of the new entity. TikTok's investors will own 80 percent, with Oracle, Silver Lake and MGX, an Emirati-state owned investment firm, taking 15 percent each.
With the first full trading week of 2026 now in the books, investors might be wondering if the strong early start in the S&P will precede even more strength. Undoubtedly, a lack of a Santa Claus rally has seemingly paved the way for a rather hot start to 2026, with some memory chip stocks really picking up momentum while certain semiconductor equipment makers made up for lost time.