Winner winner

[The beef 675] [I'm an image] “Don’t get down on yourself, Satya. You’ve still got Bing to drive Microsoft’s ad business.” - Jason Hey there carnivores, Markets were mixed on Friday, again thanks to tech. Today we’re looking at Oracle making its mark with Gen Z. Keep raging, Jeff & Jason [Image] [I'm an image] We have a winner Some huge news broke on Sunday. And not just that Tom Brady is washed up. Oracle will become the trusted technology partner of TikTok, beating out Microsoft and Walmart’s bid for the social network's US operations. An underdog story All signs (previously) pointed to Microsoft and Walmart being crowned king of the castle, taking ownership of TikTok’s US, New Zealand, Canadian, and Australian operations. That is until Sunday, when Microsoft announced via blog that its bid was rejected and Gen Z’s Vine won't actually be sold at all. Instead, Oracle will become TikTok’s “trusted technology partner” in the US (whatever the f*ck that actually means), and [take a significant stake]( in ByteDance’s American operations just two days before President Trump’s September 15 deadline for a TikTok sale. As part of this “restructuring” (don’t you dare call it an acquisition), ByteDance [won't actually sell]( its video-sharing algorithm or source code. This is due, in large part, to China’s new tech-export ruling, which bans certain tech from export without approval from China’s Ministry of Commerce. Oracle and TikTok’s US operations will be able to develop a new algorithm in its place. That’s like getting a Big Mac without the special sauce. So what does Oracle get? Great question. The exact details are still being ironed out. Odds are, Oracle would take a stake in the TikTok's US operations business, which [was previously valued]( near $25B, while also housing the video app’s data on Oracle’s cloud servers. This should help alleviate DC's security concerns. The bottom line... Oracle, known best for its database software, Windows 98 looking ERP system, and cloud computing technology will now be the trusted tech partner of a flashy, new-age video app. Will this go well? Maybe… but [as Box CEO Aaron Levie put it](... “Sure, it seems unusual to have Oracle run TikTok. But who will have the last laugh when the TikTok influencers start recommending HR and Finance systems in all their videos.” [Image] He’s Been Wall Street’s Hidden “Secret” For Years The Guy They Lean Before They Make Their Next Move [Alternate text]( And He’s Now With RagingBull! Join JC Parets On September 16th At 8 PM ET — LIVE As He Reveals All About Data Driver [Register Now]( [I'm an image] ☑️Back in the lab. AstraZeneca has [resumed]( its COVID vaccine testing in the UK after pausing trials on Tuesday. The timeout came after a recipient began to suffer from an undefined illness. While it wasn’t necessarily tied to the vaccine, you can’t be too careful with these things. Just ask Will Smith in ‘I Am Legend.’ During the time off, regulators investigated before deciding that it was safe to resume trials. It’s not the first time the trials were paused either. Back in July a woman who had been vaccinated developed neurological symptoms, which later turned out to be MS, and not related to the vaccine. ☑️The new cost of living. VMWare is the most recent Silicon Valley tech firm to explore [pay cuts]( for employees that want to move to a more affordable region. Like VMWare, Twitter and Facebook have already offered the option for employees to work entirely remotely, but they’ll have their pay adjusted, depending on where they end up. You can buy an entire town in Oklahoma on a Silicon Valley tech salary. How much will they lose? Well, for VMWare, an employee that heads to Denver, for instance, would take an 18% pay cut, while someone headed south for San Diego or LA would get an 8% reduction. Anyone choosing to live in LA deserves whatever they get, though. ☑️Bad for business. The Nasdaq [suffered]( its worst week in months after a volatile day on Friday. The index closed down 0.6%. Apple, Amazon, Facebook, Alphabet all fell off a cliff. Live by the tech, die by the tech. The S&P managed to eke out a 0.1% increase, while the Dow rose 0.5%. At its session high, the Dow was up as much as 1.1%. ☑️If you can’t beat ‘em buy ‘em. Gilead is opening its pocketbook and shelling out [$21B]( for Immunomedics, a biotech firm with a breast-cancer drug that’s been making waves. Gilead will pay $88 per share for the firm, a 102% premium over the $42.25 per share at Friday’s close. The move comes as Gilead hopes to expand into the world of cancer meds. Immunomedics’ Trodelvy will certainly help bolster its portfolio in the space. Estimates believe the breast cancer segment is worth roughly $157B this year. Oh, so they’re not just doing this out of the goodness of their hearts? Figures... RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. If you no longer wish to receive our emails, click the link below: [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails](