Oracle Corp (NYSE: ORCL) shares are trading higher Monday afternoon amid multiple recent developments. Here's what investors need to know.

On one hand, ByteDance, TikTok's Chinese parent company, has finally agreed to a long-awaited deal, Reuters reported. The agreement gives a new joint venture, comprised of American and global investors, control of the app's U.S. operations. Oracle will be in charge of security and the cloud.

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint venture, with Oracle’s cloud business as its backbone.

Shares of Oracle Corporation are trading higher Friday after reports confirmed the technology company will be one of TikTok's new owners.

“ Oracle has become the poster child for fears of an AI bubble,” Oracle investor and tech analyst Cory Johnson told Yahoo Finance. Oracle declined to comment for this story.

Oracle is radically changing its finances as it shifts from software to the cloud. Now its Chairman Larry Ellison is getting his fingers into media.

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner knocked its shares down 5% on Wednesday.

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc.

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.

Oracle is trying to buy its way into the center of the artificial intelligence boom with one of the most aggressive infrastructure splurges in corporate history. The scale of that ambition has turned the company into a live test of how far financial markets will chase AI promises before asking whether the underlying engineering can