Oracle Rises, Wayfair Falls, Boeing Soar on FAA Easing Regulations
On this episode of Stock Movers:
- Oracle (ORCL) share rose after the Trump administration's estimated $14 billion valuation for TikTok's US business is lower than previous estimates of around $40 billion.
- Wayfair (W) shares fall after President Trump announced new industry-specific tariffs targeting heavy trucks, kitchen cabinets, bathroom vanities, and upholstered furniture.
- Boeing (BA) shares jumped after the company is poised to get more leeway from the Federal Aviation Administration to perform some final safety checks on its 737 MAX aircraft prior to delivery, the Wall Street Journal reported.
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