Stock Market Surges, Nike Falls: Oracle, Coinbase, CoreWeave Lead Gains

Oracles shares surge as TikToks US operations set to be sold to a joint venture with Oracle and Silver Lake. Coinbase rises following SECs new guidance for broker-dealers, including crypto exchanges. CoreWeaves stock climbs as it collaborates with the Department of Energys Genesis Mission and receives positive coverage from Citi. Nikes stock drops by ten percent due to a seventeen percent sales decline in China.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.