Oracle Warns That a TikTok Ban Would Dent Revenue and Profit [Yahoo! Finance]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance
Most Read from Bloomberg How Long Can High Rates Last? Bond Markets Say Maybe Forever Jain Global Raises $5.3 Billion, Secures Cash From Abu Dhabi Nvidia Sales Grow So Fast That Wall Street Can't Keep Up BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones' Tech Keeps a Lid on US Stocks as Nvidia Tumbles: Markets Wrap The law signed by President Joe Biden in April “will make it unlawful to provide internet hosting services to TikTok” unless certain steps are taken by its China-based owners, Oracle wrote Thursday in a regulatory filing. “If we are unable to provide those services to TikTok, and if we cannot redeploy that capacity in a timely manner, our revenues and profits would be adversely impacted.” Compliance with the new law may also increase expenses, the company added. TikTok uses Oracle's cloud infrastructure to store and process US user data, and is considered by many Wall Street analysts to be one of the Austin-based company's largest customers for t
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EVR
Earnings
- 4/24/24 - Miss
EVR
Sec Filings
- 6/21/24 - Form S-8
- 6/21/24 - Form 8-K
- 6/20/24 - Form 4
- EVR's page on the SEC website