Gainers on Major news: Apple Inc. (NASDAQ:AAPL), Oracle Corporation (NYSE:ORCL), Tesla Motors Inc (NASDAQ:TSLA), Adobe Systems Incorporated (NASDAQ:ADBE)

Gilead Sciences GILD NASDAQ:GILD

Apple Inc (NASDAQ:AAPL) said it would offer an iPad 4 tablet in place of the mid-range iPad 2 at the same price and the company launched a cheaper, lower capacity version of its plastic-backed iPhone 5C in Australia, China and some European countries. Apple Inc. (NASDAQ:AAPL) stock performance was 0.88% in last session and finished the day at $531.40. Traded volume was 7,465,651 million shares in the last session and the average volume of the stock remained 11.90 million shares. The beta of the stock remained 1.01. Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04 %.

Oracle Corporation (NYSE:ORCL) noted the recent strength in the US dollar accounting for a 2% drag in its earnings, which would have put its results inline with estimates. The stock was down more than 6% in post-market trading. Oracle Corporation (NYSE:ORCL) rose 1.62 percent to $38.84 yesterday on volume of 29.71 million shares. The intra-day range of the stock was $38.15 to $38.94. Oracle Corporation (NYSE:ORCL) has a market capitalization of $174.68 billion.

Tesla Motors Inc (NASDAQ:TSLA) may face another big setback. According to Jeff Morganteen of CNBC, New York could be the next state to ban the electric vehicle maker’s direct sales model. Last week, New Jersey Governor Chris Christie banned the company from selling its vehicles directly to consumers. Tesla Motors Inc (NASDAQ:TSLA)’s stock on Mar18, 2014 reported a increase of 2.59% to the closing price of $240.04. Its fifty two weeks range is $34.92 -$265.00. The total market capitalization recorded $29.57 billion. The overall volume in the last trading session was 6,222,367 million shares. In its share capital, Tesla Motors Inc (NASDAQ:TSLA) has 122.84 million outstanding shares.

Adobe Systems (NASDAQ:ADBE) was the recipient of unusually large options trading on Tuesday. Investors bought 16,265 put options on the stock, American Banking & Market News reports. On Tuesday, shares of Adobe Systems Incorporated (NASDAQ:ADBE) advanced 0.51% to close the day at $68.52. Company return on investment (ROI) is 4.30% and its monthly performance is recorded as 0.26%. Adobe Systems Incorporated (NASDAQ:ADBE) quarterly revenue growth is 12.53%.

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