After ending the last session at $89.25, Oracle goes up to $90.6 (up 1.51%)

After closing the previous trading day at $89.25, Oracle is up to $90.6, which makes for a move of 1.51%/$1.35 today.

Meanwhile, United States Factory Orders released today at 15:00 UTC is better than expected at -1.6% but down from preceding data of 1.7% according to new data.

This rally in Oracle's share price coincides with other technology stocks as Apple gained 3.15%, currently at $155.79. SAP added 2.59% to its value, now trading at $119.93. Intuit is up 2.57% to $419.03.

Also worthy of note, United States Fed Chair Powell testimony is expected tomorrow at 15:00 UTC. United States EIA Short-Term Energy Outlook is scheduled for tomorrow at 17:00 UTC.

The stock has been trending positively for about 5 months. The enterprise IT company is now trading 46.14% above the significant low ($61.07) it slumped to 5 months ago.