Oracle’s stock saw a rise as talks of a potential deal with TikTok progress. The tech company is in discussions to acquire the US operations of the popular social media app. Meanwhile, Oracle is also reportedly in talks to raise funds for OpenAI, an artificial intelligence research lab. The developments have investors optimistic about Oracle’s future growth potential.

Read more at Investing.com: Oracle stock climbs on TikTok deal progress, OpenAI fundraise talks