Just about every tech investor has either bought or kept close tabs on technology software giant Oracle (ORCL). Here's why Oracle stock is a buy right now.

When Apple Inc. (AAPL) released its first iPhone a lot of large corporations refused to clear the device for general corporate use until the phones had gone through extensive testing and until some early security holes were filled. That past scrutiny is now paying dividends for Apple as corporations quickly adopt the iPad.

Here's the latest Apple Inc. rumors and news on AAPL stock as of Wednesday, July 7. As the heat wave keeps Wall Street sweating, AAPL shareholders can keep cool with news of strong sales for Mac computers, a redesigned MobileMe Calendar, and a new update of Mozilla's Firefox browser for Macs:

Activision Blizzard (ATVI) and Electronic Arts (ERTS) stock continued to see trouble in the May video game sales report from NPD. While video game sales were up +4% over the previous month this past month, May video game sales continued a disturbing year-on-year decline.

Tech stock Intel (INTC) has long dominated the server and PC processor markets and enjoyed high profit margins in both. But it's not clear that Intel and INTC stock will be able to maintain both its dominant market share and its elevated margins. Rival chipmaker AMD (AMD) is a force to watch.

Despite the stock market correction and the ongoing problems in Europe the U.S. economic recovery is still moving forward, according to ChangeWave’s latest corporate quarterly survey -- led by an uptick in U.S. corporate sales growth and an improving labor market. The June survey of 2,771 corporate respondents also shows a further easing of the U.S. credit crunch, particularly among large businesses, along with a slight uptick in capital spending growth and the sales pipeline.

Nokia Corp. (NOK) will launch its Meego powered smartphone in partnership wtih with Intel (INTC) by the end of 2010. This has other smartphones stocks watching, such as Research in Motion (RIM) with its BlackBerry and the Apple Inc. (AAPL) iPhone.

Activision (ATVI) Call of Duty and Electronic Arts (ERTS) EA Games titles show video game stocks have the ability to bounce back. Call of Duty Modern Warfare 2 sold 8 million units in two months of 2009, proving video game sales can succeed. But other powerhouses like Sony (SNE) PlayStation, Nintendo (NTDOY) Wii and Microsoft (MSFT) Xbox have struggled.

Cisco Systems Inc. (CSCO) has introduced a new Cius tablet computer that the company says will ship in late 2010. Cisco immediately pointed out that the device is aimed at a business audience and is complementary to the iPad from Apple Inc. (AAPL), which targets the consumer market or the Research in Motion (RIM) BlackBerry Tablet Hewlett-Packard (HP) slate or Dell tablet computer.

Amazon (AMZN) just struck a deal to sell Kindle eReaders in stores at airports to compete with the Apple Inc. (AAPL) ipad. At the beginning of the month, Amazon started selling the Kindle at Target (TGT) retail chains. Then just weeks later, Amazon dropped the price of the Kindle from $259 to $189, a price dropped matched by Barnes & Noble's (BKS) Nook eReader the same day.

Planned corporate Mac buying has hit a new all time high, with 12% saying their company will be buying Mac laptops and 7% desktops in the 3rd quarter. What’s driving the upbeat corporate outlook for the Cupertino, California manufacturer?

Take-Two Interactive (TTWO) shareholders have been enjoying a very healthy 2010. The video game studio behind Rockstar-developed western Red Dead Redemption has done incredibly well for the publisher. Take Two video game Red Dead sold over 5 million units sold as of early June. That has caused competitors Activision (ATVI) and Electronic Arts (ERTS) to take notice.

Software, and now hardware, maker Oracle Inc. (NASDAQ: ORCL) releases fiscal fourth quarter earnings after markets close today. Analysts' earnings estimates for Oracle are that the company will report EPS of $0.54 on revenue of $9.5 billion. That's a nice boost from the year ago EPS of $0.46 for Oracle and revenues of $6.9 billion.

Adobe Systems Inc. (NASDAQ: ADBE) announced earnings last night after the markets closed and reported EPS of $0.44, excluding items, on revenues of $943 million. Analysts had been looking for EPS of $0.43 and $906 million in revenues.

Nintendo (NTDOY) president Reggie Fils-Aime claimed today that despite an apparent slowdown in sales of the company's Nintendo Wii video game console, the stock is still on track to outpace competitors Sony (SNE) and Microsoft (MSFT). Nintendo is projecting 18 million in Wii sales for the fiscal year ending March 2011, a decrease from the previous year's 20.5 million for the video game console.

Just off the news of AT and T (T) eliminating unlimited data plans for its wired service and initiating a tiered payment system, Verizon (VZ) is hinting it's considering a similar business model, causing speculation that unlimited data access may soon be a relic of the past.