Why Oracle Stock Mashed the Market on Monday

Group 1 - Oracle shares increased by over 3% following a post-earnings retreat, influenced by a U.S.-China agreement regarding TikTok, while the S&P 500 index rose only 0.5% [1] - U.S. Treasury Secretary announced a framework for a deal on TikTok, with a meeting scheduled between President Trump and Chinese President Xi Jinping to finalize the terms [2] - President Trump hinted at a deal concerning a company popular among young people, widely interpreted to be TikTok, without providing further details [3] Group 2 - A law passed in 2024 banned TikTok from the U.S. market unless its Chinese owner, ByteDance, divests its American operations, but the government has granted ByteDance reprieves on three occasions [4] - Oracle, which provides cloud computing services for ByteDance, has been mentioned as a potential buyer of the company's U.S. operations [4][6]