Welcome back to Market on Close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. As we like to close out our show with some final thoughts or standout headlines on the session, a few stand out to me.CarMax, of course, one of them hitting a new 5-year low was the biggest loser in the S&P after missing in its second quarter earnings estimates. And both the top and bottom lines. Retail used car sales were down 5% year-over-year, and CarMax's auto financing income fell more ...

President Donald Trump on Thursday signed an executive order that allows TikTok's U.S. operations to be moved away from the social media app's China-based owner ByteDance. The deal will see TikTok's U.S. operations separated from ByteDance to comply with a law that bans social media platforms subject to control by adversarial foreign governments like China.A group led by software giant Oracle that includes private equity firm Silver Lake and UAE state-owned investment firm MGX will be the main investors in ...

Key TakeawaysTikTok's US operations are valued at $14 billion, with Oracle (ORCL), Dell (DELL), and Rupert Murdoch identified among key investors, alongside Abu Dhabi’s MGX and Silver Lake, with Oracle expected to play a major role in the app’s security.President Trump announced that the US government expects to generate tax revenue from the TikTok deal, which he stated has China's support, despite some earlier indications of resistance.Costco Wholesale Corporation (COST) reported robust Q4 2025 earnings, s ...

President Donald Trump signed an executive order Thursday declaring that a plan for TikTok‘s Chinese owner ByteDance to divest the U.S. operations of the wildly popular video app meets the requirements of a 2024 law. In recent weeks, there have been reports that a consortium including Oracle chairman Larry Ellison and Dell Technologies CEO Michael Dell would be part of a group to take control of TikTok’s U.S. operations via a joint venture. Fox Corp. also is in talks to become a backer. White House Press S ...

President Donald Trump signed an executive order on Thursday declaring that his plan to sell TikTok's U.S. operations to U.S. and global investors will meet the requirements in a 2024 law that says th... ...

President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion.The deal satisfies the requirements of a national security law requiring China-based ByteDance to sell TikTok's U.S. operations or face an effective ban in the country, according to the executive order. Under the terms, which China must still approve, a new joint-venture company will oversee TikTok's U ...

I I want to ask about Oracle in particular because Oracle seems like it's on top of the world right now, right. It's been, you know, it looks like it's going to get part of this US slice of Tik Tok. Um it's been signing these new deals.There's the whole Stargate situation. Um but it sounds like you have some reservations about all of that. Yeah.So again, let's separate what's uh what's real valuable and and what's uh a little bit of a speculation. Uh Oracle getting the Tik Tok business is a windfall. uh the ...

is about 40% below where we are right now. We got the analyst behind the call. That is Alex Hazel joining us now live from London.Alex, I'm sure uh you've received some choice and colorful comments to your email inbox today. Uh but you call it as you see it. We appreciate it.What is the basis of this call. Um yeah, first of all, thanks for having me on the show. The basis is really we see like big headline figures in terms of like order wins and also revenues but our work really shows that the value uh subs ...

Oracle, Silver Lake, and Abu Dhabi's MGX will emerge as the lead investors in TikTok's US operations under a proposed restructuring of the short-video app, reported CNBC, citing sources. The deal is d... ...

交易进展 - 美国总统特朗普预计于周四签署行政命令 最终确定美国与TikTok中国领导层之间的协议[1] - 白宫表示预计将在未来几天与中国签署协议 多位特朗普支持亿万富翁可能参与包括Larry Ellison、Marc Andreessen和Lachlan Murdoch[1] - 美国财政部长Scott Bessent表示美中贸易谈判代表已就交易框架达成一致 将使TikTok转变为美国控制的 ownership[4] 交易结构 - 根据2024年4月国会批准的禁令 字节跳动必须剥离TikTok否则面临美国禁令 特朗普已多次延长截止日期[2] - TikTok美国实体的七席董事会中美国人将占据六席[5] - 甲骨文将主导TikTok数据与隐私管理 在美国设施存储数据以阻止中国访问[5] - 预计甲骨文、Silver Lake和阿布扎比投资公司MGX将成为三大主要股东 合计持股约45%[5] - 字节跳动现有美国投资者包括Susquehanna International、KKR和General Atlantic预计将持有股权 字节跳动保留约20%股份[5] - 特朗普暗示媒体大亨鲁珀特·默多克的继承人Lachlan Murdoch可能参与交易 并提及戴尔科技CEO Michael Dell也可能加入[5] 算法安排 - 字节跳动将复制TikTok推荐算法并租赁给美国实体[6] - 该算法将在甲骨文和美国政府监督下为美国用户复制[6] 公司估值与市场地位 - Wedbush证券分析师Dan Ives年初估计TikTok估值在400亿至500亿美元之间 但不包含字节跳动推荐算法[2] - 字节跳动在8月份自我估值超过3300亿美元[2] - TikTok是美国第三大受欢迎社交媒体应用 8月约有1.247亿用户 低于Facebook的1.373亿和YouTube的1.625亿[3] 中美政府立场 - 特朗普感谢中国国家主席习近平对TikTok交易的批准 表示在最近通话中在许多重要问题上取得进展[7] - 中国外交部在后续声明中未明确表示习近平是否批准交易 但指出中国政府尊重企业决策 欢迎遵循市场规则的商业谈判[7] - 习近平在通话中要求特朗普避免对中国实施单边贸易限制[7] - 白宫发言人表示特朗普政府对中国最终批准持有100%信心[7] 禁令背景 - 美国总统拜登去年签署TikTok禁令法律 基于两党对数据隐私和与中国政府关联的担忧[8] - 据报道TikTok曾监视记者 在应用上推广中国宣传 不当处理用户社会安全号码等个人信息 并追踪敏感词汇[8] - TikTok否认任何不当行为 声称与中国政府没有关联 并在诉讼中称禁令侵犯其第一修正案权利[8] - 最高法院于1月维持禁令 裁定该法律未侵犯应用的第一修正案权利 并支持联邦政府的国家安全关切[8]