Oracle Stock (ORCL) News on Dec. 24, 2025: TikTok Joint Venture Tailwind Meets AI Data-Center Spending Fears
Oracle shares traded at $196.73, up 0.70% in a shortened Christmas Eve session, with a market cap near $550.9 billion. AP reports TikTok signed binding agreements with Oracle and others for a new U.S. joint venture, with Oracle to run U.S. user data in its cloud. The deal is expected to close Jan. 22, 2026. Investors remain focused on Oracle’s AI data-center costs and financing.