Google (GOOG) Explodes Upward, Stock Up 17%
Google (NASDAQ: GOOG) sold off slightly, just over 1%, into the close. Then, all hell broke out. Shares moved up 17% immediately after earnings hit. Google reported revenues of $5.19 billion for…
Google (NASDAQ: GOOG) sold off slightly, just over 1%, into the close. Then, all hell broke out. Shares moved up 17% immediately after earnings hit. Google reported revenues of $5.19 billion for…
Fearing a reprise of the 2000 catastrophe which wrecked hundreds of tech companies, big firms in the sector are hording cash. The only trouble with the idea is that the firms putting…
After the close of trading this Thursday, we’ll get to see earnings out of Google Inc. (NASDAQ: GOOG). The estimates for the search engine super-giant from First Call are $4.52 EPS on…
It is no surprise that Google’s (GOOG) search technology and its ability to marry advertising with search results is better than Yahoo!’s (YHOO). Otherwise Yahoo! would have Google’s market cap instead of…
According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters…
New comScore data shows that the number of videos viewed online moved up 66% in February compared with the same month last year. US internet users viewed over 10 billion videos for…
Fox Interactive, the online division of News Corp (NWS), will miss its numbers. A few of the marketing executives there lost there jobs. It would seem that the primary culprit is MySpace,…
According to comScore, Google (NASDAQ: GOOG) continued its climb in US search engine share. The number for Yahoo! (NASDAQ: YHOO) dropped slightly as did the figure for Microsoft (NASDAQ: MSFT). The comScore…
Google (NASDAQ: GOOG) has set its sights on being the No.1 search engine in China. It will have to get ahead of the top search company there, Baidu (NASDAQ: BIDU), which has…
According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL)…
Google’s (GOOG) YouTube had a 78% market share among video websites in March, up from 55% a year ago. Most other sites lost share over the period and overall video category visits…
One of the factors lost in the debate over the value of Yahoo! (NASDAQ: YHOO) is the amount of time that consumers spend on the site. For advertisers, especially those running display…
According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could…
According to TechCrunch, Google (NASDAQ: GOOG) has thirty-six huge data centers of which ninteen are in the US. Here are maps of the locations. No wonder Wall St. is worried about Google’s…
According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that banks involved…