WESTBOROUGH, Mass. _ Virtusa Corp. on Friday reported earnings of $10.1 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share. For the current quarter ending in December, Virtusa said it expects revenue in the range of $121.8 million to $123.8 million.» Read More
Shares for graphics chipmaker Nvidia will be under pressure after the company warned on Wednesday that revenues and gross margin would miss analysts' estimates due in part to weak demand.
I'll say from the outset that I have great respect for the Wall Street Journal. But I, along with a number of folks following the Yahoo/Microsoft will-they-or-won't-they drama are wondering what the point is of today's splashy, front-page tome purporting to break new ground about a new deal to grab a chunk of the company.
Sony is seeing little or no sign of softer demand among U.S. consumers for its range of digital TVs, cameras and computer goods despite a weakening economy, a top regional executive said on Tuesday.
Dipping below $20 a share today is the clearest sign yet that Yahoo's strategies and messages don't seem to be resonating. And worse, some shareholders don't think they ever will.
There's a reason that when we cover Apple Inc.'s iTunes, it normally carries the added noun of "juggernaut." The online service has sold a staggering 5 billion songs, tens of millions of TV shows and movies, has become the nation's largest music retailer, supplanting Wal-Mart...
From mainframes to minicomputers and then PCs, each new computing generation has displaced its predecessor by reaching a broader audience and costing far less. And each time, the dominant company in one generation loses control in the next.
Google is experimenting with a new method of distributing original material on the Web, and some Hollywood film financiers are betting millions that the company will succeed.
Digital music seller Rhapsody is launching a $50 million marketing assault on Apple's iTunes, offering songs online and via partners including Yahoo and Verizon Wireless, Rhapsody said on Monday.
Today's the day. Well sort of. Bill Gates will retire from Microsoft, kind of. He's leaving the day-to-day responsibilities to others. But not really.
Microsoft's Bill Gates told NBC's Tom Brokaw he does not think a deal with Yahoo was likely, CNBC reported on Friday.
This might be more a leap of faith, but it's a leap worth considering for both Intel and Apple, especially after the blogs have been awash this week about speculation over Intel's resistance to upgrade 80,000 employee computers to Microsoft's Vista.
CNBC Contributor David Pogue on the Eye-Fi Share card, which wirelessly geotags your photos.
Two of Wall Street's technology darlings that had been looked to as beacons to guide the sector out of hard times instead will be leading the market lower Thursday.
Easy come, easy go, I suppose, when it comes to Oracle. The company barely had enough time to finish that first glass of champagne, celebrating a great fourth quarter when gloomy guidance cut the party short.
Oracle the world's third-largest software maker, reported a higher quarterly profit, beating Wall Street estimates, but it sees software license revenue growth weakening.
Research in Motion reported a profit and sales that both were below analysts' estimates, and the company's shares dropped about 8 percent in extended trading.
After the build-up and the hype, and the enormous amount of optimism surrounding Research in Motion shares, the company can't beat the buzzer and stock gets popped.
When it comes to Yahoo and its stock, yesterday was a fast and furious kind of day, and while whip lashed traders lick their wounds and wonder what happens next, the action serves as an important lesson for investors. And not just investors in Yahoo and Microsoft.
Oracle ended 2007 as the software stock pick of the year for a few key analysts on the Street for 2008, and today we'll get a good idea as to whether those optimistic outlooks are still justified. Just about everyone I've talked to expects Oracle to beat expectations, so it doesn't seem like a question of "if," but instead, "by how much."
Research in Motion will release earnings on Wednesday, and there's a fair amount of optimism swirling around these shares, even in the face of ever increasing competition and headlines from Apple and the iPhone.