Why Oracle (ORCL) Stock Dropped Today

Oracle’s (ORCL, Financial) shares recently dropped 2.96%, which is significantly more than the S&P 500’s decline of 1.1%. This sharp dip comes on the heels of reports that Oracle might engage with TikTok’s U.S. operations, potentially playing a security role in exchange for a small stake in a new U.S.-based TikTok entity, while ByteDance, the current owner, would retain the algorithm. This proposal follows national security concerns under the Trump administration with a divestment deadline…