Stock Movers President Trump Sues NYT, Oracle Climbs, Webtoon Partners with Disney
Sep 16, 2025
President Trump is taking The New York Times to court with a hefty defamation lawsuit, claiming they've been unfairly critical. Meanwhile, Oracle's stock is on the rise as they might play a key role in TikTok's continued operation in the U.S. In a surprising move, Webtoon partners with Disney to create a digital comics platform, boosting their shares significantly. The podcast also delves into broader financial trends, focusing on strategic partnerships and the influence of AI innovations in the investment sector.
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Trump Sues The New York Times
- President Trump filed a $15 billion defamation suit against The New York Times alleging it acted as a "mouthpiece for the Democrats."
- The Times called the suit meritless and said it aims to stifle independent reporting.
Oracle Climbs On TikTok Deal Reports
- Oracle shares climbed on reports it could join a consortium to enable TikTok's U.S. operations under a framework deal.
- The final structure remains unclear and involves multiple companies, per CBS News sources.
Regulatory Talks Drive Stock Focus
- Oracle has been on a strong run this year, up significantly and drawing attention amid U.S.-China TikTok talks.
- Market focus intensifies around companies positioned as potential solution providers in regulatory-driven deals.