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June 03, 2023
$106 is where Oracle ended Thursday; it reached a record high of $106.77 yesterday, changed by 88 cents and closed at $105.89.
Oracle's state is reflected by market data as United States Non Farm Payrolls improved upon its previous reading of 294,000 with a new data release of 339,000. Highly important Average Hourly Earnings data from United States beat analyst expectations of 0.4% with a reading of 0.3%. Following a previous reading of 3.4, Unemployment Rate in United States released yesterday at 12:30 UTC fell short of the 3.5 figure expected by analysts with an actual reading of 3.7.
Meanwhile, mixed performances were seen by other technology stocks as IBM traded at $132.42 after closing yesterday's trading day at $129.82 (up 2%). Accenture plc Class A (Ireland) traded at $311.39 after closing yesterday's trading day at $305.2 (up 2.03%). Adobe gained 2.25%, as it traded at $436.37.
The stock has been trending positively for about 2 months. The past 3 months have been positive for the US tech hardware giant as it added 21.73% compared to its 3-month low of $61.07.
