Oracle - Big Tech::
forcing Microsoft to play fear Googles growth will be hindered by a global Adobe Advertising Amazon AMD Analysis Apple Audio BlackBerry Blu
http://bigtech.blogs.fortune.cnn.com/category/oracleHOME |
Weaker than expected earnings from Microsoft and Amazon added to fears of an economic slowdown on Friday, sending the Nasdaq to fresh lows for the year. Scobleizer Tech geek blogger Microsoft ::
Thats another 300 million people to add to Hotmails audience of close If Microsoft linked over to Amazons store theyd get a kickback for each GPS sold.
http://scobleizer.com/category/microsoft/page/2HOME |
Amazon plunged 13% after missing earnings and revenue estimates. Microsoft's numbers were pretty solid, with higher than expected revenues, but investors sent the stock 3% lower after the company missed earnings estimates by a penny, as interest income declined as the company prepares for a huge cash distribution.
Following a string of disappointing results from the likes of Intel, Yahoo and eBay, investors saw little reason to hold stocks.
The Nasdaq tumbled 39 to 1949, the S&P 500 lost 10 to 1086, and the Dow fell 88 to 9962. Volume declined to 1.34 billion shares on the NYSE, and 1.7 billion on the Nasdaq. Decliners led 21-10 on the NYSE, and 22-8 on the Nasdaq. Downside volume was 78% on the NYSE, and 86% on the Nasdaq. New highs-new lows were 15-68 on the NYSE, and 15-197 on the Nasdaq. Microsoft is going to do SaaS CRM too | Non-Profit Tech Blog::
To add to the onslaught of competitors that Blackbaud has in the nonprofit space, Microsoft is going to offer a CRM via the Web just like Salesforce.com. Yes,
http://www.nonprofittechblog.org/microsoft-is-going-to-do-saas-crm-tooHOME |
Broadcom beat estimates, but fell 6% on inventory concerns. Gateway beat earnings estimates and announced a deal with Best Buy, but lost 4% on lower than expected revenues.
DoubleClick plunged 27% after missing estimates and warning.
Tekelec and Overstock were two of the day's standouts, rising on better than expected results and guidance.
But webMethods, VeriSign, Digital Insight, Foundry, Micromuse, CA, TriQuint and Hutchinson fell on their earnings reports.
 Microsoft on Hiring Spree
 Technical Analysis: Microsoft Sets Sail
|
HOME