{"id":85043,"date":"2023-06-15T00:58:53","date_gmt":"2023-06-15T04:58:53","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85043"},"modified":"2023-06-15T01:01:16","modified_gmt":"2023-06-15T05:01:16","slug":"oracle-hits-record-after-50-surge-in-2023-defying-tech-struggles","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/oracle-hits-record-after-50-surge-in-2023-defying-tech-struggles.html","title":{"rendered":"Oracle hits record after 50% surge in 2023, defying tech struggles"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/ORCL\/\">Oracle<\/a> is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that\u2019s changing, and Wall Street is quite pleased with what it sees from <a href=\"https:\/\/www.cnbc.com\/larry-ellison\/\">Larry Ellison\u2019s<\/a> 46-year-old company. Oracle shares climbed 4.8% on Wednesday to $122.24, closing at a record for a fifth straight day and the eighth time this month.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/14\/oracle-hits-record-after-50percent-surge-in-2023-defying-tech-struggles.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the modern-day enterprise. But that\u2019s changing, and Wall Street is quite pleased with what it [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85043","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85043"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85043\/revisions"}],"predecessor-version":[{"id":85044,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85043\/revisions\/85044"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}