US stocks surge | Oracle (ORCL.US) rises by 5%, rumors of the company participating in a consortium to maintain TikTok's operations in the US.

According to the Zhidao Financial APP, on Tuesday, Oracle (ORCL.US) rose by 5%, reaching $317.56. In terms of news, it was reported that Oracle is currently participating in a consortium trying to maintain TikTok's operations in the United States under a possible framework agreement between China and the U.S. The report cited sources familiar with the matter as saying that the specific structure of the deal is still unclear, but it may involve a consortium of multiple companies, and the extent of ByteDance's future involvement as the owner of TikTok is also uncertain.