Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.» Read More
The company's third quarter report Thursday was a blockbuster, and its guidance — yes, I know there wasn't any, but if you listen to CEO Eric Schmidt's comments, it certainly seems like he's talking about the future — was pretty stellar.
Stocks skidded at the open Friday as disappointing results from Bank of America and General Electric eclipsed strong results from big techs. They slid further — with the Dow down 100 points — after a report showed a surprise drop in consumer sentiment.
Futures indicated a lower open for Wall Street Friday, as mixed earnings from General Electric eclipsed strong results from big techs.
Earnings reports from General Electric and Bank of America are the big numbers for markets Friday, and they matter nearly as much in the foreign exchange and Treasury markets as they do in the stock market.
After hours the Fast Money traders were closely watching the action in IBM and Google as they sorted through earnings reports from both companies.
The Dow pulled off a nearly 50-point gain Thursday after a topsy-turvy session as the boost from oil's rally ultimately beat out disappointment in earnings from Goldman Sachs and Citigroup.
Google handily beat analysts' expectations for both profit and revenue on Thursday, sending its shares up in after-hours trading.
The company soundly beat on the top and bottom lines, with $2.40 a share on $23.6 billion. And most importantly, IBM did indeed raise its full year EPS guidance, from $9.70 to $9.85 a share.
Talk about a company priced for perfection, and able to deliver. Google reported $5.89 in earnings per share, way ahead of the $5.42 anticipated by Wall Street, on $4.38 billion in net revenue, which too was way ahead of the $4.23 billion consensus.
Investors are preparing for this afternoon when tech titans Google and IBM will report their corporate earnings. What is the best investment play in the technology sector? Robert Cihra, tech hardward analyst at Caris & Company and Benjamin Schacter, Internet analyst at Broadpoint AmTech shared their views.
Intel's report was blockbuster, plain and simple, and the key takeaway is that the news isn't merely "less bad," but finally "good
The amazing thing about Google ahead of its earnings tonight is the lack of humility.
Traders applied the brakes Thursday, a day after the Dow topped 10,000, as Goldman Sachs and Citigroup proved no match for Wall Street's inflated earnings expectations.
Bonds are the anchor of an investor's portfolio, but they need to be played defensively, said Jim Keegan, portfolio manager of 5-star rated RidgeWorth Total Return Bond fund.
Bank stocks slipped Thursday after results from Goldman and Citi failed to live up to heightened expectations. Is the dip a buying opportunity?
Google, IBM and AMD are the next tech giants to report earnings after the bell on Thursday. So what should investors expect? David Eiswert, portfolio manager at T. Rowe Price Associates, shared his insights.
Google is sure to shake up the digital book business with is new platform to sell e-Books. In classic Google-fashion it's becoming a "frenemy" — both a competitor and a new driver of revenue — for the likes of Amazon.com and BarnesandNoble.com.
Stocks pared their losses Thursday after a third straight positive Philly Fed reading — the first time that's happened in two years. Stocks had opened lower after disappointment in earnings from Goldman Sachs and Citigroup.
Google is launching a new service for booksellers next year called Google Editions, which will let readers buy books and read them anywhere on gadgets ranging from cell phones to possibly e-book devices.
After Wednesday's stellar market performance, stock index futures indicated a lower open for Wall Street on Thursday as investors take a breather and evaluate their next move.