Google (GOOG) announced yesterday that they may shut down their Chinese operations completely and the feeling amongst analysts is that this is more likely than not to happen. The Chinese search engine market is dominated by Baidu (BIDU) with Google a distant second. The announcement has caused Google’s stock to drop and Baidu’s stock [...]
Posts Tagged ‘GOOG’
Year of the Tech Stock?
Posted October 23rd, 2009 by Sidd | No CommentsThe Nasdaq is up almost 50% this year while the Dow is up almost 20%. Tech stocks are reporting stellar earnings with Intel, Microsoft, Amazon, Apple, Google amongst others all beating estimates.
If the trend continues, 2009 will really be the year of the tech stock. And it isn’t even really that much of a bubble. [...]
Miscrosoft Miss
Posted July 24th, 2009 by Sidd | 1 Comment Looks like I’m Posting a lot about Microsoft lately. Miscrosoft missed analyst estimates and revenues were down 17% and earnings down more than 1.2 billion$ (yes that is billion) as compared to last year.
Maybe Vista is to blame, maybe the bad economy though Intel’s results would indicate otherwise. Every few weeks I hear about [...]
Intel, Google and More Tech Earnings Reports. Good or Bad?
Posted July 17th, 2009 by Sidd | 1 CommentIntel and Google, both companies that I own stock in, both recently reporting. Intel reported spectacular results on Tuesday (as compared to analyst estimates and the previous quarter, still below last years results). Intel also upped it’s guidance. Positive news from Intel lifted the market up.
Google was the next to report and even though Google [...]
