In Silicon Valley, residents are used to seeing big buses rolling through transporting workers for tech companies. Now, those drivers want more money.» Read More
Carol Bartz is worth every penny. In a very short period of time, she has re-engineered a sagging shell of its former self into something compelling for Yahoo investors again. And as the company prepares to release its earnings tonight after the bell, I'm not ready to proclaim "game-over," but I am willing to bet "Yahoo's finally in the game again."
The Dow bolted out of the gate Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.
Fed Chairman Ben Bernanke delivers important testimony before a House committee, but it's the wave of earnings reports that could decide the day Tuesday.
In the short term, probably nothing could give Yahoo stock a bigger jolt than if CEO Carol Bartz forged a partnership with Microsoft. Is a deal secretly in the works?
With the S&P closing at an 8-month high and above a former level of resistance, are the bulls about to take this market another leg higher?
One of the few shining stars in the recession has been tech ETFs. The Nasdaq 100 index is up 26 percent year-to-date, and was the first major index to turn positive this year. But we’re now in the thick of the real test for technology: earnings season...
As investors brace for the peak weeks of earnings, both the Dow and S&P marched higher on hopes that stability had returned to the financial system.
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Though the S&P 500 and Dow ended Friday little changed, the move for the week was anything but small with both indexes holding onto enormous rallies.
Google continues to be an enigma, making more money than anyone else as a tech company, a media company, a company generating enormous cash flow yet holding onto its wallet in a cost-control way this company has really never seen before.
I went out on a limb on Friday, suggesting that Social Networking is the technological emperor with no clothes since I haven't seen a single business model out there that actually generates any money. And it's certainly not for a lack of trying, along with some brilliant minds, who've had plenty of time to come up with something real.
Are we staring another dot com boom/bust right in the face? When it comes to social networking, that very well might be the case since it appears this emperor has no clothes.
Indeed Microsoft has to be emboldened with the traction this software seems to be enjoying in the market place. The company is spending over $100 million on Bing advertising and it appears to be working. The latest market research comes from Hitwise, which shows Bing enjoying some headway against Google as far as Search is concerned.
Michael Jackson's memorial was must see TV...especially on the internet. Yahoo! reports that as of 3 p.m. Pacific on Tuesday, there were five million streams of the memorial at the Staples Center, the largest streaming event in the Yahoo's history. The peak was 385,000 simultaneous streams, second only to the inauguration of President Obama, which peaked at 430,000 streams.
It's not surprising that there's yet another lawsuit claiming copyright infringement in the music industry. But it is surprising that this latest suit doesn't attack typical pirates, but companies that actually run paid online music subscription services.
In an earlier post I talked about the effect Michael Jackson's death was having on various big players on the internet. But one of the biggest players is seeing some of the biggest impact.
The web has become much more than merely a place to post feelings; it's an international global marketplace, and with social networking one of the hottest things going, we're seeing a convergence of financial and personal exchanges on an incredible level in the wake of Michael Jackson's death.
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Stocks had their best day in weeks Thursday after solid demand for another Treasury auction and encouraging earnings reports from retailer Bed, Bath & Beyond and homebuilder Lennar.