TikTok ban in US might affect Oracle, but impact minimal: Bernstein

March 14, 2024

“While still a developing situation, we have received many inbounds on the potential implications of such a bill for Oracle, given that a portion of revenue for Oracle comes from TikTok’s usage of its OCI Gen 2 cloud servers,” said Bernstein analyst Mark Moerdler and others in a note Thursday.…

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