Paul Shread

Stocks survived a big earnings miss from Google to close solidly higher Wednesday. Google lost $30.88, or 7.1%, to $401.78 a share, but blue chips got a boost from strong results from Boeing and Time Warner and better than expected auto sales, as investors continued to shrug off weak fourth-quarter results in anticipation of a […]

Tax rates, rising expenses and currency issues aside, Google’s  disappointing results Tuesday night were important for another reason: they confirmed that the economy slowed dramatically in the fourth quarter. Google was weighing down the tech sector Wednesday following a 14% tumble in late trading Tuesday after the search giant missed Wall Street earnings estimates by […]

Shares of Google tumbled 14% in late trading Tuesday after the search giant missed Wall Street earnings estimates by a wide margin. Google reported quarterly earnings of $1.54 a share, 22 cents below estimates. Revenues after traffic acquisition costs soared 97% to $1.29 billion, but that was just below analysts’ forecasts. The company’s tax rate […]

Incipient has raised an additional $24 million in venture funding, raising its total haul to $79 million over four rounds. All that for an intelligent storage product that has yet to ship. “It’s a complicated product and it needs a lot of testing,” said Incipient senior marketing vice president Robert Infantino. “Is anyone worth that […]

It’s no wonder investors chose to express indecision today, with Alan Greenspan’s final Federal Reserve meeting, Google’s earnings and President Bush’s State of the Union address all on tap for Tuesday. In addition to putting in small-bodied days, both the Nasdaq and Dow also put in “inside days,” failing to take out Friday’s highs or […]

Tuesday will be an eventful day for investors, with Fed Chairman Alan Greenspan’s final Federal Reserve meeting after 18 years at the helm, followed by high-flyer Google’s quarterly earnings report and President Bush’s State of the Union address. Greenspan, who led the Fed from the crash of 1987 through the “irrational exuberance” of the late […]

Google made its second move into the information classification and management (ICM) space Monday, combining its enterprise search offerings with Kazeon’s ICM technology. Kazeon will integrate its storage indexing and classification product, the Information Server IS1200, with Google’s enterprise search technology, and the start-up also joined the Google Enterprise Professional program. The result, the companies […]

Another solid day today in the face of disappointing earnings and economic reports. It took five days, but the major indexes have largely erased last Friday’s losses. Is there anything standing in the way of new highs for this rally? Aside from sentiment extremes that never reset to neutral, momentum appears to favor the bulls […]

Solid if unspectacular results from Microsoft were all investors needed to send stocks solidly higher for a second day Friday. Microsoft reported quarterly earnings that were in line with Wall Street estimates late Thursday, but the company’s sales came in a little light of forecasts due to Xbox manufacturing constraints. Still, with solid revenue guidance […]

Microsoft reported quarterly earnings that were in line with Wall Street estimates late Thursday, but the company’s sales came in a little light of forecasts. The software giant’s earnings of 33 cents a share met estimates, after backing out a 1-cent tax benefit. But sales of $11.84 billion came in shy of $11.96 billion forecasts. […]

Stocks remain under pressure here, as last Friday’s big red candlesticks continue to contain rally attempts. The Nasdaq (first chart below) faces some big resistance at 2275-2285. 2250-2255 is first support, and 2240 is major support. The S&P (second chart) has major support at 1246-1250. Resistance is 1271-1275 and 1280. The Dow (third chart) has […]

Investors fretting about an economic slowdown will be looking to Microsoft and the U.S. Commerce Department for reassurance in the next couple of days. Microsoft will report its quarterly results after the close on Thursday. Analysts are looking for earnings of 33 cents a share from the software giant, and sales are expected to rise […]