Oracle's stock jumped after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. The deal prevents a shutdown of the app in the U.S. over national security concerns.

Oracle, Silver Lake and Abu Dhabi's MGX will be main investors in TikTok's U.S. business, sources told CNBC's David Faber on Thursday. Those three entities will control roughly 45% of TikTok USA.

EPAM Systems Inc. (NYSE:EPAM) announced on Tuesday that it has deepened its partnership with Oracle Corporation (NYSE:ORCL) to help companies in sectors such as healthcare, life sciences, financial ...