Oracle deal with TikTok puts tech momentum back on track

US-China Trade Relations & Geopolitics - The Chinese government's reaction to the TikTok deal has been muted, with state media quoting a professor stating the deal aligns with Chinese law, suggesting tacit approval [1][2] - The proposed TikTok deal, structured as a joint venture, may not include the algorithm, which is considered the most valuable asset, raising questions about its strategic significance [3][4] - China may be using the TikTok deal and soybean purchases as concessions to maintain a relationship with President Trump, potentially aiming to divide him from the broader US national security community [4][5][11][12][13] - The tariffs imposed by the US on China are expected to remain permanent, influencing the dynamics of trade negotiations and potentially prompting China to offer "gifts" to the US president [10] Technology Sector Impact - The Oracle shares are surging on the news [6] - The TikTok deal is viewed as a positive development for the technology sector, reinforcing the ongoing upgrade cycle and the importance of technology in modern life [7][8] - The agreement revives a trade that had soured for the last 10 days or so and it looks like we're back on track [8]