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Google reported its second quarter results after markets closed Thursday, posting a 28 percent rise in quarterly profit that fell short of consensus expectations -- despite rapid international growth and market share gains. Eric Schmidt, chief executive of Google, cited a "seasonally slow quarter.”
Windows Vista attracted most of the hype, but Office 2007 was the sleeper hit that bolstered Microsoft fiscal fourth-quarter results, despite a hefty charge to cover the cost of repairing defective video game consoles.
Walter Price, portfolio manager at Allianz RCM Technology Fund, told CNBC’s “Squawk on the Street” that the technology sector still looks strong.
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Web search leader Google said Friday that it would participate in an upcoming wireless spectrum auction if the U.S. Federal Communications Commission added a key condition.
Social networking isn't enough. Now there's a new online technology called "social broadcasting". A company called Now Live (nowlive.com) allows you to host an Internet based interactive talk show. Using a regular phone line--Google Talk, or Skype--you can broadcast (or simulcast) a talk show or conversation over the Internet--depending on who's doing the talking. And, all the other Now Live users you invite in can share pictures and video as well. I suppose it's like a super high-end version of video conferencing.
Earnings remain the focus of traders going into the weekend, but analysts say the potential impact of rising crude oil and subprime troubles will also be on the minds of traders. Today is also an options expiration Friday.
This week’s installment was more about principles than stock picks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
If you're going to use this sell-off as a buying opportunity, stick with stocks that deal in hard metrics.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The buzz on the street on this morning is "earnings", says Scott Fullman, director of investment strategy for IA Englander & Co.
EBay on Wednesday posted second-quarter earnings per share of $0.34 on revenue of $1.83 billion, topping Wall Street expectations and its own outlook.
Yahoo chief executive Jerry Yang was found wanting on Wednesday by investors who said the company needed to devise a plan to combat weaker advertising growth more quickly than in the 100 days promised by management.
The tech earnings parade continues through today, now that we have Intel and Yahoo in the books. Strange day for tech, Tuesday was. So much optimism about Intel and yet the company disappoints, at least at first glance, with softer margins than expected. But here's another way to look at Intel's numbers which may actually bode well for broader tech the rest of this year.
Google said Tuesday it is expanding its Print Ads program to allow online advertisers nationwide to place print advertisements in 225 newspapers, serving half of U.S. newspaper readers.
Yahoo on Tuesday posted second-quarter earnings of $0.11 per share -- in line with estimates -- and flat with earnings per share of of $0.11 in the same period a year ago. Revenue for the three months ended in June rose 8% to $1.244 billion, compared with $1.123 billion in the second quarter of last year.
Google owns YouTube, the hottest platform for parodies. Here's my favorite take on Apple, and its new "eyePhone"...
The CNBC Executive Leadership Awards honor executives who have shown exemplary leadership, inspiration and innovation. More than 300 business leaders attended the third annual gala at the Pierre Hotel in New York Wednesday night and paid special tribute to legendary Federal Reserve Board Chairman Alan Greenspan.
With Internet businesses set to report earnings this week, two analysts joined "Power Lunch" to discuss the likely performance of big names in the sector.
Speculation in London newspapers over the weekend about a potential $50 billion offer on the way for Alcoa from BHP Billiton is among the largest of possible deals for traders to focus on today.
As the revaluation of the tech sector spreads to all its corners, storage software is one space in particular that has caught fire. EMC gives you two reasons why it can make you mad money.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.