Search engine giant Google (Nasdaq: GOOG) beat first-quarter earnings estimates, sending the tech stock up 1% in after-hours trading. Operating income was $10.08 per share, outpacing analysts’ estimates of $9.64 a share. Revenue jumped 24% from the same quarter a year ago, while paid clicks rose...
Yesterday was an interesting one for the stock market. There was plenty of negative news hitting the wire -- from the EU's continued inability to decide on a course of action, to the continued standstill of our own budget debate. But investors glommed onto a suggestion from the minutes of the last...
The pundits agree. It's a technology bubble. And all because social media stock LinkedIn (Nasdaq:LNKD) now trades with a P/E of 600 on a paltry $15 million in trailing earnings. That's a pretty rich valuation, to be sure. We could even call it ridiculous. Absurd. But a sure sign that the stock...
Libyan dictator Qaddafi has reportedly accepted an offer to join cease-fire negotiations with Libyan rebels. This is a smart move, perhaps the first from Qaddafi in some time. With the no-fly zone over Libya, and the escalation of strategic strikes, the international community has clearly sent the message...
Filed under: Filed under: Ian Wyatt, Treasury Bills, INTC, GOOG, Treasury, Treasury Bonds, AAPL, dividend, PIMCO, Bill Gross, U.S. dollar, Libya
Normal 0 MicrosoftInternetExplorer4 Your Daily Profit January 14, 2010 ***** China Must Play Ball *****Buffett and China *****China Inc Fellow Investor, A recent issue of Daily Profit about Google’s (Nasdaq:GOOG) experience in China has raised some questions. Ray G. writes: Anytime a government...
Normal 0 MicrosoftInternetExplorer4 Your Daily Profit July 13, 2009 *****Strong Dollar Propaganda *****Earnings and Economic Data *****Blueprint for Profits Fellow Investor, A few weeks ago, Treasury Secretary Geithner had to go to China to assure our largest creditor that their investment in the U.S...
Filed under: Filed under: Ian Wyatt, Geithner, Meredith Whitney, Intel, INTC, Goldman Sachs, GS, GE, JP Morgan, Fed, GOOG, BAC, JPM, Treasury, earnings