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Los Angelas, CA -- (SBWIRE) -- 10/08/2012 -- Facebook, Inc. (NASDAQ:FB) is engaged in building products to create a utility for users, developers, and advertisers. People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about. Developers can use the Facebook Platform to build applications and Websites that integrate with Facebook to reach its global network of users and to build personalized and social products.Facebook, Inc. ( FB ) is -0.51 at $20.40, with 295,717 shares traded. FB's current last sale is 70.34% of the target price of $29.
Can FB Find The Top further? Find Out Here
The PowerShares QQQ Trust (NASDAQ:QQQ) has 115,000 contracts changing hands, 82,000 of which are putting. The iShares Russell 2000 Fund (IWM) is next with volume of 85,000, with 58,000 puts. PowerShares QQQ T (NASDAQ:QQQ) is -0.66 - -0.96% from the previous close of $68.98. It traded between $68.19 - 68.72 with total traded volume of 16778038 shares. At Current Market Price, QQQ is in distance of -0.83% from its 50-day Moving Average price of $68.8946 and +3.94% from its 200-day Moving Average price of $65.729.PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.32 at $69.67, with 264,388 shares traded. This represents a 34.86% increase from its 52 Week Low.It is -0.34 at $68.64, with 100,503 shares traded.
Can QQQ Continue To Move Higher? Click Here
The Financial Select Sector SPDR XLF -0.13% has jumped almost four percent in the past month, but the ebullience surrounding the sector could and should be tested this week due to earnings season. New York, NY- SPDR Select Secto (NYSE:XLF) is very active today and traded between $15.96 - 16.07 with total traded volume of 12887478 shares. At a current price of 16.02, XLF is -0.04 - -0.25% from the previous close of $16.06. Moreover, At Current Market Price, XLF is in the distance of +2.91% from its 50-day Moving Average price of $15.5674 and +7.09% from its 200-day Moving Average price of $14.9595.
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Oracle Corporation (NASDAQ:ORCL) is a provider of enterprise software and computer hardware products and services. The Company's software, hardware systems, and services businesses develops, manufactures, markets, hosts and supports database and middleware software, applications software, and hardware systems, with the latter consisting primarily of a computer server and storage products. It is organized into three businesses: software, hardware systems and services. Its software business consists of two segments: new software licenses and software license updates and product support. Oracle Corporation (NASDAQ: ORCL) shares dropped 1.58% and closed at $31.39 in the last trading session. William Blair restated their outperform rating on shares of ORCL in a research note issued to investors last week.
Can ORCL Continue To Move Higher? Find Out Here
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