Oracle Corp ORCL:NYSE

Last Price$77.16NYSE Closing Price as of 7:00PM ET 8/11/22
NYSE 15-minute delayed Bid/Ask Quotes
Today's Change-0.38(0.49%)
Bid (Size)$77.35 (5)
Ask (Size)$77.50 (5)
Day Low / High$77.08 - 78.00
Volume5.6 M

Sector Update: Tech Stocks Underwater but Chipmakers Edging Higher

1:55PM ET 6/30/2022 MT Newswires
Technology stocks were declining on Thursday, with the SPDR Technology Select Sector ETF (XLK) falling 0.6% and the Philadelphia Semiconductor Index gaining less than 0.1% this afternoon.

In company news, Unity Software (U) slumped 5.6% after KeyBanc Thursday initiated coverage of the 3-D content platform company with a sector-weight stock rating.

Oracle (ORCL) returned to positive ground this afternoon, rising nearly 1%, after Thursday saying it will open the first Oracle Cloud Infrastructure region in Mexico later this summer, with plans to open additional cloud regions in Spain, Colombia, Chile, and Israel later this year.

Elbit Systems (ESLT) rose 6.5% after the Israeli aerospace company announced a new, four-year contract valued at around $548 million to supply combat networked warfare capabilities for the armed forces of an Asia-Pacific country. Elbit also said Thursday it has completed the $84 million sale of its 85% stake in Ashot Ashkelon Industries to private equity investors FIMI Opportunity Funds.