Oracle (ORCL) modestly higher as China has agreed to allow the US government to take control of TikTok in the US and allow Oracle and two private equity firms to control and store the data from the social media giant. Goldman Sachs upgraded the stock with a $410 price target.

Profit-taking in Warner Brothers Discovery (WBD). The streaming giant has been on a tear the last week on takeover rumors. However, the stock is down 6% today as TD Cowen downgraded the stock on concerns a takeover may take longer than investors would hope. The analyst does not expect any other takeover offers from the likes of Amazon or Apple.

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