Social media platform TikTok has agreed to transfer parts of its US operations to American investors, led by Oracle (ORCL). The deal seals the app’s continued workings in the United States, where it hosts millions of users.

Per a report, the social media giant has officially established a US entity with three managing investors: Oracle Corp., private equity firm Silver Lake Management LLC, and Abu Dhabi-based investment company MGX. TikTok Chief Executive Officer Shou Chew — who will continue running ByteDance’s most valuable asset globally — gets a seat on the board. Adam Presser, who was TikTok’s head of operations, trust and safety, will now helm the American venture as CEO.

Oracle (ORCL) stock actually slipped during Friday’s trading session following the confirmation of the TikTok US deal. The stock is down 6% in the past week and a further 9% in 2026 so far. Previously, some analysts suggested that Oracle’s involvement in TikTok staying in the US could ignite ORCL stock, but as of now, that is yet to be seen.

Furthermore, Oracle is navigating significant challenges in its GPU-as-a-service business while also securing a pivotal deal with TikTok to establish a US-based entity. Analysts have lowered growth expectations, reflecting caution ahead of Oracle’s upcoming earnings announcement. Despite that, the forecasts remain high as analysts remain optimistic about Oracle’s future, with most ratings suggesting significant growth potential from the current price of $189.65. Guggenheim and Jefferies set high price targets at $400, indicating strong confidence.