By TradingView
Publication Date: 2026-01-20 17:50:00
What happened?
Shares in enterprise software giant Oracle 
ORCL fell 3.9% in the afternoon session after geopolitical tensions escalated between the United States and the European Union, sparking fears of a renewed trade war.
Broader markets moved into “risk-off” mode, with investors seeking safe havens amid uncertainty. The market’s key fear indicator, the VIX, jumped to a new eight-week high, signaling increasing investor fear. The dispute, centered on Greenland, raised the possibility of a renewed trade conflict that could disrupt global supply chains and economic activity. Mega-cap technology stocks, many of which have significant international revenues and operations, were particularly affected by worsening risk sentiment as a potential trade war threatened their global business models.
What does the market tell us?
Oracle’s shares are very volatile, with 25 moves of more than 5% in the last year. In this context, today’s move suggests that the market…
