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ORCL Stock Alert: Is a TikTok Ban Enough to Kill Oracle?
ORCLOracle(ORCL) Investor Place·2024-06-25 20:59

Across the United States, many people are still wondering whether TikTok will be banned in the country. Indeed, the popular content-creation app is facing an uncertain future after President Joe Biden signed a bill decreeing that ByteDance — the platform’s Chinese parent company — will have to either sell the platform or face a U.S. ban. But its not just teenagers who are hoping that a TikTok ban can be averted.Oracle (NYSE:ORCL) has made it clear that such a policy would severely impact its bottom line. Th ...