An interesting day: Oracle jumps to the $100 level

Oracle gained $2.58 and closed above the $100 level for the first time in 1 year.

Oracle is currently trading at $102.35 following the release of Existing Home Sales (Apr) data from the United States.

Oracle's uptick comes amid good United States macroeconomic data released during the day — United States Initial Jobless Claims beat the 254,000 projections, with 242,000.

Meanwhile, United States Existing Home Sales (Apr) came out at 4.28 million, while a consensus of analysts was expecting 4.3 million. United States Philadelphia Fed Manufacturing Index (May) released today at 12:30 UTC with a figure of -10.4, while the previous figure was -31.3.

A look at other technology stocks also showed bullish price action as Sony Group Corporation was up 3.75%. Intuit traded at $447.66 after closing today's trading day at $431.86 (up 3.66%). ServiceNow traded at $510.17 after closing today's trading day at $492.92 (up 3.5%).

Elsewhere, United States Fed Chair Powell speech will be released tomorrow at 15:00 UTC.

The stock has been trending positively for about 2 months. 7 months ago, the US tech hardware giant fell to a low of $61.07 but has since recovered 63.37%.