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Oracle’s could potentially see $370M to $1.3B impact on TikTok ban: Morgan Stanley

Mesut Dogan/iStock Editorial via Getty Images Morgan Stanley estimated a $370M to $1.3B potential risk to Oracle (NYSE:ORCL) and highlighted a near term headwind from slowing TikTok usage growth. Oracle warned investors that a law, which could ban TikTok in the U.S. unless it is divested from its Chinese parentContinue Reading

Oracle: TikTok ban in U.S. would ‘adversely’ impact earnings

In: Finance

Dan Kitwood Oracle (NYSE:ORCL) warned investors that the law that could potentially ban popular social media app TikTok in the U.S. may hurt its earnings. President Biden in April signed into law a bill that would ban TikTok in the U.S. unless it is divested from its China-based parent firmContinue Reading

Oracle’s could potentially see $370M to $1.3B impact on TikTok ban: Morgan Stanley

Oracle: TikTok ban in U.S. would ‘adversely’ impact earnings

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