Google (GOOG) joined the list of big online companies that disappointed just about everyone with its earnings. Revenue rose 51 percent to $4.827 billion. That just wasn’t enough. Google’s share will probably…
For years the Playstation franchise carried Sony’s (SNE) earnings. The PS2 was one of the great selling consumer electronics products of all time. Sony stumbled with the launch of the PS3. Microsoft’s…
VWWare (VMW) lost about a third of its value on a disappointing quarterly report. The stock is now down to $56, near a 52-week low and off a period high of better…
Jim Cramer is going anti-tech, again, yet for entirely different reasons than when he said "dump tech" in January 2007. In January 2007, Cramer wanted to dump tech because of the seasonality…
Barry Diller planned to break his IACI (IACI) into several pieces. The company is a collection of cats and dogs so the move makes sense. TicketMaster can operate on its own. So…
Nasdaq short interest on January 15 shows that investors were willing to make big bets against tech share prices. The numbers are compared to statistics on December 31. Short interest in Level…
These are not the only upgrades and downgrades on stocks this morning, but these are the main ones that 247WallSt.com is focusing on in early pre-market hours: Arcelor Mittal (NYSE: MT) raised…
For Bill Gates the wait must have seemed to last more than a lifetime. Microsoft (MSFT) and Apple (AAPL) both became modest-sized businesses in the early 1980s. But the Bill Gates’ company…
According to Reuters, Microsoft (MSFT) posted a 79% increase in proffits. Reuters writes that Alan Greenspan says the US is not yet in a recession. Reuters reports that the CEO of Sony…
Microsoft (NASDAQ: MSFT) posted earnings of $0.50 EPS on revenues of $16.37 Billion. First Call had analyst estimates at $0.46 EPS on $15.95 Billion. Its previous guidance offered had been $0.44 to…
Douglas A. McIntyre We’ve had a wild ride in the markets lately and investors are looking for the stocks that they think are A) still going to show growth and B) that offer a degree…
Douglas A. McIntyre Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
We are full blown into earnings season now. These are not all of the stocks in the news, but this is a good portion of the news in individual stocks for traders…
Posit, if you will, that unusually strong Apple (AAPL) earnings, coupled with an upbeat forecast for the next few quarters, might have stopped the sell-off in techs in its tracks. Apple has…
According to Reuters, Apple’s (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%. Reuters writes that Texas Instruments (TXN) posted higher profits. Reuters reports that Big Oil’s rally…