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Let's take a look at some stocks on the movie. You have the major indexes lower. I'm Scarlett Fou with Stacey Vannox Smith and we're joining now Bloomberg's Christine A. Qino and Christine, we gotta start with the Oracle again in the news exactly, we have to start an Oracle.
So those shares took her o rcl up at the moment enjoy a nice healthy gain of more than three percent. And this is because we did get a report from CNBC that Oracle will keep its TikTok cloud deal under a new agreement that could close within the next thirty to forty five days. Of course, this is related to comments as well from Treasury Secretary Scott Bessent also in CNBC earlier, saying that he anticipates that President Trump in a Chinese president she Jimping, will agree on a final
TikTok deal during their phone call on Friday. Now, Bloomery Intelligence analyst weighing in on this as well, So they're saying that Oracle will likely restrict its role to providing cloud services and ensuring that no TikTok data flows back to China under any potential US agreement tied to a deal. Because remember this is the sticking point right between the two leaders. How much data is TikTok really collecting from
US citizens? And that's something that has been touted by President Trump and the Trump administration as a potential national security issue. So we'll see what gets ironed out in that phone call on Friday. Annaly is also saying that they do see a low likelihood of an equity investment in this potential involvement. And what about shares of hersheyt
they're having a very sweet morning. Yeah, absolutely say see so Hershey shares up at the moment tick her Hsy they're currently more than two percent, and that's because they're enjoying a double upgrade govin sech Sacks and so it's now ready to buy. And also go Ulman raising a price target to two hundred and twenty two dollars, which implies a twenty percent increase from Monday's clothes. The analysts there are saying that market share trends are improving their
incremental tailwinds ahead. They say that there's also well Hershey has enjoyed historically a nice pricing power linked to its portfolio way a lot of people very specifically crave their brands, and so they're saying that analysts are saying that the announcements are pricing that's expected to drive outsize growth in the next fiscal year and also costs pressures from tariffs as well as the increased price of Coco are better understood.
Now, all right, and Christine, very quickly, the final stock you're watching for US is Warner Brothers Discovery down almost nine percent.
Absolutely scarlet. So take your WBD down, as you say, almost nine percent. That's because td cow indegraded a stock to hold from a buy. They're also saying that the share increase that enjoyed last week because of a potential paramount guidance bid for the company, has just taken price target beyond what is justified by fundamentals.
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