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TikTok's U.S. deal with Oracle isn't a social media trade, it's an infrastructure one. Here's how certain ETFs could benefit.

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TikTok announced a deal to sell its U.S. assets to a group of three companies. One of them was co-founded by this Florida billionaire.

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TikTok has signed agreements with managing investors Oracle, Silver Lake, and MGX. Oracle stock is rising on the news.