Stock Movers: Oracle, Wayfair, and Boeing Market Performance

Oracle's TikTok Deal Valuation

• 💡 Oracle shares are being watched closely due to the ongoing TikTok deal with the US.
• 🎯 The Trump administration estimated a valuation of approximately $14 billion for TikTok's US business.
• 📉 This valuation is significantly lower than previous expectations, leading to disappointment among investors, though some see it as a bargain for buyers like Oracle and Silverlake Management.
• 🚀 Despite a slight dip, Oracle's stock has performed exceptionally well this year, up about 74%, boosted by strong earnings and guidance.

Tariffs Impact Furniture Retailers

• ⚠️ President Trump announced new industry-specific tariffs targeting imported kitchen cabinets, bathroom vanities, and upholstered furniture.
• 💥 Retailers like Wayfair and RH are experiencing stock drops following this announcement.
• 🗣️ RH's CEO has been a vocal critic of Trump's trade policies, and the company has faced a rough year.
• 📈 The proposed tariff rate is 50% on these imported products, which Trump claims are flooding the US market.

Boeing Gains Leeway from FAA

• ✈️ Boeing shares are up today as the company is set to receive more flexibility from the Federal Aviation Administration (FAA).
• ✅ The FAA will allow Boeing to perform more routine safety checks on its 737 MAX aircraft prior to delivery.
• 📈 This comes after significant struggles with safety issues and multiple crashes involving the 737 MAX.
• 🏭 Boeing also seeks permission to increase production output from the current cap of 38 planes per month to 42 by year-end.