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After a week like this one, the pressure's on the next batch of tech stars to beat the Street and keep this momentum going, with investors turning their attention to Yahoo, Microsoft, Apple and Amazon, all set to report earnings next week.
In posting a profit well in excess of expectations, Google shares are bouncing back from the depth of investor doubt.
Google reported earnings that rose 30 percent and handily beat analysts' expectations, and the company's shares jumped in late trading.
First it was Intel, then IBM, and now Google. Pretty soon, the message might get out that tech isn't nearly as bad as people thought. No two ways about it: the Google earnings report is extraordinary.
Investing in Google shares is... different. It's one of the few companies where 30% revenue growth would be disappointing and 450 bucks a share is seen by many as cheap. How do you read earnings of a company like this? I'm glad you asked.
The New York Times Company posted a $335,000 loss for the first quarter--a dramatic drop from the $23 million profit the company earned in the year-ago-quarter and missing Wall Street estimates.
Strong earnings results this week from IBM and Intel have tech stocks in the midst of a nice rally.
Has the bloom really faded from the Google rose, or has the market really misunderstood the way this company is doing business, and the technology it is using to get the job done? There is a fair amount of pessimism around these shares right now, with many analysts I'm talking to expecting a meet or miss quarter, rather than a good chance the company will beat...
EBay's numbers for its first quarter look pretty good with the online auction house beating Wall Street estimates by 3 cents, reporting 42 cents instead of the 39 cents analysts were looking for. That news came on better-than-expected topline performance as well.
Online auctioneer EBay posted a 22 percent rise in quarterly net profit, topping Wall Street's average estimate, as pricing changes drove auction listings and pushed revenue above all forecasts.
For those of you who spend your lunch hours (and your work hours) trolling the real estate pages to see what’s new, what’s for sale, what’s cheap, what’s cheaper and what’s in foreclosure, I want to turn you on to a new tool.
It's been a busy quarter for eBay, highlighted of course by the naming of John Donohoe as Meg Whitman's successor, but investors are focused more on share price than who's sitting in the C-suite.
If you don’t watch “American Idol,” move on. The other 30 million of you—let’s dish. Here are my thoughts on last night’s show. Email me yours and I’ll post them. The audience is still booing the departure of Michael Johns, or maybe they're still booing Ryan for cruelly leaving the Aussie hanging a few moments last week.
New industry data out Tuesday showed Yahoo may have started gaining share in the Web search ad market against Google even as Google's share of search audience inched up.
Talk about a great couple of days last week: Wednesday into Wednesday night, I get to hang out with Bon Jovi during their Silicon Valley visit for a story on the technology the band uses in its show.
Despite world economic woes, some company executives are optimistic regarding their businesses. Here is what they told CNBC:
Investors are worried that the Web search company's once explosive growth could slow dramatically in the weak U.S. economy.
I knew that headline would catch your attention, and it should when you're trying to figure out the vagaries of Yahoo and its dealings with Microsoft, Time-Warner, News Corp. and any of the other suitors, or vultures, out there trying to become part of the company's future.
It's so easy to paint investing with broad brushstrokes, and say "tech" is strong, or "tech" is bad, but with Intel, IBM, eBay and Google all reporting this week, we get to remind ourselves that the sector is made up of individual stocks and individual industries.
Yes, tomorrow is tax day. It's also the day Abraham Lincoln died, and the day the Titanic went down. Nice. In observation of all this and more, FlashNews says Bruce Novotny, whom it describes as a "holiday creator" (how does one apply for THAT job?) has dubbed April 15th "National That Sucks Day."