Shares of (NYSE: ORCL) were taking off again today, rising 6.7% on Monday.

After revealing a massive increase in its cloud business earlier this month, Oracle was yet again in the news today in several ways.

First, the company announced two co-CEO successors to current CEO Safra Catz, who announced she would be retiring soon. Second, Oracle appears to be on the brink of becoming a part owner of TikTok USA, per a pending deal between the U.S. and China.

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Source Fool.com