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Oracle (ORCL) TikTok deal lifts AI mining stocks as BTC tags $88,000
Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ease investor concerns around AI-driven valuation risks. The upbeat reaction spread across risk assets. Bitcoin BTC$88,029.41 jumped above $88,000, Invesco QQQ (QQQ) futures,...
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