Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing nothing to offset the other. Taken in tandem with GE’s (NYSE: GE)…
Google (GOOG) is launching a nifty new program. It allows programmers who use its Google App Engine to tap the company’s server infrastructure to store their work. That is until they want…
With all of the carnage in the financial sector it would be hard to believe that any other group of stocks could have done worse. The technology sector claims that, for the…
Virtualization was supposed to be the next big thing in enterprise software. Virtualization allows one computer do the job of multiple computers by sharing the resources of a single machine .The software…
Oracle’s (ORCL) earnings were excellent by any measure except, perhaps, the perverse yard-stick of Wall St. Revenue rose 21% and profits were up 30% To say in another way, margins improved sharply,…
Short interest for number of tech stocks listed on Nasdaq rose on March 14 compared to figures from February . Shares short in Microsoft (MSFT) spiked up 7.4 million to 123.1 million.…
According to Reuters, Oppenheimer cut is earnings forecasts for Merrill Lynch (MER) and UBS (UBS) a day after cutting Citigroup (C) and Bank of America (BAC). Reuters reports that the Meriwether hedge…
Larry Ellison & Co., a.k.a. Oracle Corp. (NASDAQ: ORCL), is seeing shares hit rather hard in after-hours trading. Shares closed down 0.6% at $20.94, which was above that 200-day moving average we…
Douglas A. McIntyre After today’s close we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software company from First Call are $0.30 EPS on $5.42 billion in revenues. …
On Wednesday afternoon, we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software leader from First Call are $0.30 EPS on $5.42 billion in revenues. …
Oracle Corp. (NASDAQ: ORCL) is being reinstated as a "Buy" rating in new coverage this morning at Goldman Sachs. The firm notes that with macroeconomic concerns being front and center, shares of…
Douglas A. McIntyre Recessions make strange bedfellows. Of all the truly huge businesses in the US, save the oil companies, Wal-Mart (WMT) and Microsoft (MSFT) are having unusually good runs. Yesterday, the CFO of Microsoft…
Microsoft (NASDAQ: MSFT) has not felt the impact of slower spending. Software must be sitting outside the vortex which is dragging the rest of the economy under. Redmond’s CFO says that the…
The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January…
Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31…
