Mini Tech Earnings Season Next Week (ORCL, RHT, RIMM, MU, PALM)
Next Wednesday we will have what almost feels like a tech earnings season, although it’s really just the end of the road before the earnings flurry picks up in mid to late…
Next Wednesday we will have what almost feels like a tech earnings season, although it’s really just the end of the road before the earnings flurry picks up in mid to late…
A look at short interest for stocks traded on the Nasdaq as of May 30 show that traders moved into Yahoo! (YHOO) and out of Sirius (SIRI) Shares short in Yahoo! rose…
The short interest in Sirius (SIRI) inflated by 30.9 million shares to 188.9 million. The figures compare April 30 to April 15 numbers. Investor are clearly willing to gamble against the company’s…
Once a year, the firm Millard Brown puts out its BrandZ 100 Most Valuable Brands. The data used for the list comes from consumer research and financial data on the companies. The…
Wall St. wanted some sign that the the recession might not be pulling the economy under for the next four or five quarters. Some investors still have hopes that the downturn will…
The market was buoyed by Intel’s (NASDAQ:INTC) earnings. It should have been. Gross margins were good, Year-over-year results were fine. If there was any concern about the quarterly report is was the…
Microsoft (NASDAQ: MSFT) has come up with a canny way to increase its revenue during a recession. It will loan companies money to buy its software. Redmond has always had a deft…
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…