ET 14:48

Oracle (ORCL) Rises 2.8% on Geopolitical Calm, Shares Hit $178.80

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Narrative

Oracle Corp. (NYSE:ORCL) shares rose 2.8% to $178.80 on January 22, 2026, following reports of eased geopolitical tensions in Greenland, which lifted broader market sentiment and risk appetite. The rally was part of a wider recovery across U.S. equities, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all gaining ground. The move reversed earlier losses from January 20, when ORCL dropped 3.9% amid fears of a U.S.-EU trade conflict over Greenland. Oracle’s stock has been volatile, with 25 moves exceeding 5% in the past year. Despite the recent gain, ORCL remains down 8.6% year-to-date and trades 45.5% below its 52-week high of $328.33 set in September 2025. The company’s enterprise software business continues to integrate generative AI, positioning it as a potential leader in next-generation tech platforms.

EditorWong Mei Ling