Stocks had little to show for a day of rocky trading on Friday. Google (NASDAQ: GOOG) and the stock market spent a lot of time going nowhere on Friday. Google started the day lower after posting strong earnings and lower than expected sales and issuing a cautious outlook. The stock rallied 3% to its highs of the day 30 minutes later, then spent the rest of the day trying to hang onto…
Читать дальше Google, Tech Stocks Post Modest Gains

In chilly ad economy, search giant still comes through with earnings ahead of analysts' expectations. [/caption] In every recession there are companies that seem almost immune. Almost. Google (NASDAQ: GOOG) today reported the first quarterly drop in revenue in the company's 10-year history, posting $5.51 billion in total revenues, off 3 percent from the mark of $5.7 billion the search giant turned in the previous quarter. Amid a frosty ad market, Google's earnings topped…
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Intel sees a bottom in PC sales, but it's the rest of the stock market that benefits. The stock market rebounded on Wednesday, but chip stocks were left behind on a mixed outlook from Intel (NASDAQ: INTC). Intel shares slumped 2.4% after the company called a bottom in the PC market but issued a cautious outlook for the second quarter.…
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In an economy that has seen IPOs disappear, Google starts a venture fund. What's next for Google? Quite simply, a search for "what's next?" The search giant this week announced the launch of Google Ventures, a new venture capital fund focused on helping young companies with what it described as "awesome potential." Google Ventures could invest up to $100 million over the next 12 months, the company confirmed in an e-mail to…
Читать дальше Google Launches $100M Venture Fund