Stock Movers: Oracle, TikTok Deal Speculation, Hershey Upgrade, Disney & Webtoon Partnership

Oracle and TikTok Speculation

• 🚀 Oracle shares are up 5% in pre-market trade, adding to yesterday's gains, driven by speculation of its involvement in a potential US-controlled TikTok deal.
• 💡 CBS News reported that Oracle could be a key player in enabling TikTok's operations within the US, though details of the US-China framework remain uncertain.
• ⚠️ The framework's specifics are still unknown, with a call between Presidents Trump and Xi expected to clarify the situation.

Hershey's Sweet Performance

• 🍫 Hershey's stock is up 2.4% following a double upgrade from Goldman Sachs.
• 📈 Goldman Sachs cited improving market trends and noted that cost pressures from tariffs and rising cocoa prices are already factored into the stock price.
• 💰 The firm highlighted Hershey's historically strong pricing power with its iconic brands, expecting recent price increases to drive significant earnings growth in FY26.

Dave & Buster's Earnings Miss

• 📉 Dave & Buster's Entertainment shares are down over 17% in pre-market trading after a significant earnings miss.
• 📊 The company reported adjusted EPS less than half of expectations and missed on margins, citing lower operating profit at flagship stores.
• ⚠️ Factors contributing to the decline include reduced foot traffic and lower customer spending.

Disney and Webtoon Partnership

• 🤝 Webtoon Entertainment shares surged 44% following news of a partnership with Walt Disney.
• 🌟 Disney is taking a 2% equity stake in Webtoon and plans to use the comic platform to house its extensive collection of 35,000 comics.
• 📱 This collaboration aims to build a new service leveraging Webtoon's vertical scrolling format, which is optimized for smartphones and boasts 155 million daily active users.