Why Oracle Stock Mashed the Market on Monday

Oracle (NYSE: ORCL) shares popped higher on Monday following something of a post-earnings retreat late last week. The tech stock added over 3% to its value that session, thanks in no small part to an apparent agreement between the U.S. and Chinese governments on the fate of a top social media company. By comparison, the S&P 500 index didn't have such a prosperous day, closing only 0.5% higher. That morning, U.S. Treasury Secretary Scott Bessent said that the two nations had agreed on a framework for a deal on TikTok. He added that a meeting to finalize its terms is to be held this coming Friday between President Trump and his Chinese counterpart, Xi Jinping. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool