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Cree, Inc. (Nasdaq:CREE), a leading innovator in LED lighting components, today announced it has demonstrated light output of more than 1,000 lumens, an amount equivalent to the output level of a standard household light bulb, from a single LED.
Oracle (nasdaq: ORCL) surged more than 11% to a new 52-week high on Wednesday backed by strong first quarter earnings and underscoring the strength of the company's decision to grow by acquisition.