Nov 24- EMC Corp, in a bid to boost shareholder support for its sale to Dell Inc, will retain a majority stake in Virtustream and abandon a plan to place the loss-making cloud services provider in a joint venture with VMware Inc, people familiar with the matter said. The move is aimed at lifting VMware's shares, which have lost about a quarter of their value since...» Read More
Microsoft follows Apple's lead -- when have you heard that before? -- reporting a good, but not good enough, quarter. And investors are taking profits off the table. Microsoft did beat Street expectations on the bottom line. ... So where was the weakness? That's the issue...
American Express said its net income fell 6 percent but earnings beat expectations and revenue increased amid higher card-member spending.
Microsoft reported a rise in earnings that beat expectations, but the company's shares declined by more than 5 percent as its outlook disappointed investors.
The last couple of quarters have been remarkably strong for Microsoft, and there's every indication that the company will post an equally strong third quarter earnings report after the bell on Thursday. ... Expect some good theater.
Let me just say from the very outset: any other publicly traded company would kill for growth like this, products like these, customers like those who can't seem to snap up Apple gear fast enough. But Apple is hardly just "any other publicly traded company," and, like it or not, the company is different -- so investors "think different" when it comes to Apple.
Microsoft is prepared to walk away from its $43.6 billion bid for Yahoo if the two sides can't agree on a price, Chief Executive Steve Ballmer said Wednesday.
Amazon shares started last quarter right at $100 a share, and since then, it's been all downhill from there. Frustrated investors will be looking for guidance from the company later today that the slide is over, and that the company is poised for a strong, back half of 2008. But that's a tall order for Amazon's executives.
More than a quarter of US employers expect more of their high-skill positions to be shipped overseas.
Hours away from Apple's earnings, as you might expect, investors are a little nervous -- with a stock going from $119 to just short of $170, and then back to $160 in a matter of weeks. Some of you have written in with your thoughts ahead of earnings. Here's a sampling...
Looking at Yahoo's first quarter earnings, you gotta wonder why this company can report so strongly, and what magic bullet it employed during the quarter that apparently eluded management over the past two years.
Normally, I'll put together a formal earnings preview the day the company is set to announce, but in the case of Apple, there has been so much interest so far ahead of these numbers that I thought I'd do it today instead, and run some of your emails about all this tomorrow.
There's about $41 billion in chips on the table, all the cards have been dealt in the Yahoo vs. Microsoft poker match -- and today is the day Microsoft and investors get to "call." (Google and News Corp. look on...)
Rising food and energy prices took a toll on the bottom line of Associated British Foods -- the owner of retailer Primark -- the company said on Tuesday.
Whisper numbers are a weird animal on Wall Street, especially when you're talking high profile earnings reports like Google, Apple, Yahoo, Microsoft, Intel and so many others.
Texas Instruments is playing a strange game of financial limbo as the company prepares to report its first quarter earnings later today. On the one hand, significantly lower expectations, thanks to TI's own guidance warning last month, could help the company breeze under the bar.
ComScore's wildly off-the-mark prediction on Google's first quarter click growth shows how difficult measuring Web traffic can be.
Marketers and advertisiers are increasingly looking to ad networks, which sell display advertising across groups of Web sites, to promote their products.
Sell first and ask questions later -- this has characterized trading in Google stock since January, and the biggest problem for Google and its investors has been coming from market research firm comScore. But how reliable is comScore research, anyway?
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.
Big Blue is looking more like Big Green in after-market trading following the company's blockbuster first quarter earnings report, and the surprise increase in its full year guidance. IBM blew past Wall Street expectations, reporting $1.65 a share on $24.5 billion in revenue; both categories way above consensus of $1.45 and $23.711 billion respectively.
Get the best of CNBC in your inbox
Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
Harriet Taylor is a CNBC.com technology reporter based in San Francisco. She covers Apple, Uber and the sharing economy, cyber security and emerging Silicon Valley trends.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.