Google Shares Slump on Revenue Outlook
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Shares of Google Inc. GOOG.O  fell almost 3 percent on Thursday, after the Web search leader  warned it could not sustain in revenue growth rate, a sign that  it could report disappointing fourth-quarter results.
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Google Inc  on Thursday reported a disappointing quarterly profit and aggressive spending plans to support a widening range of Web services, unnerving investors who sent its shares down 8 percent.
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NEW YORK Falling profit forecasts from Google and Applied Materials sent technology stocks falling Tuesday while a US government report on another drop in unemployment claims help buoy other markets.
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Google Inc.'s earnings and revenue growth decelerated more than analysts anticipated during the fourth quarter, magnifying worries that the Internet search leader's moneymaking machine is bogging down as the U.S. economy teeters on the brink of recession.
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U.S. stocks fell on Friday as a  disappointing revenue outlook from technology bellwether Dell  Inc. DELL.O and a Wall Street downgrade of home builders  dampened sentiment.
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U.S. shares were expected to open lower on Wednesday after crude oil pushed to a fresh high overnight, while Web search engine Google Inc. dented sentiment as it slashed the price range on its initial public offering. In a statement posted on its IPO Web site, Google said it had cut the range on its IPO to &#36;85-&#36;95 per share from &#36;108-&#36;135 previously, a 26 percent reduction at the mid-point of the range.
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Google seemed to lose some of its sheen yesterday, after the company posted financial results indicating the online advertising market may be starting to slow.
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Google Inc. stock dropped more than 6 percent yesterday as tens of millions of new shares held by early investors and employees of the search engine giant became available for sale for the first time.
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Shares of Google Inc. (GOOG.O: Quote, Profile, Research) fell as much as 6.5 percent on Tuesday, as selling restrictions were lifted on 39 million shares held by employees and early
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Google has warned that the rapid revenue growth it experienced in the third quarter may not continue in the fourth quarter and beyond.
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For investors in Google Inc., it's the roaring '90s redux. Shares of the Web search giant leapt 15.43 percent yesterday, on the heels of a 6.33 percent spurt the previous day, even as the broader financial markets continued to retreat. By the time they closed at $172.43 yesterday, Google shares had more than doubled in value since the company went ...
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On Thursday Google reported a 17 percent jump in profit and a 51 percent growth in revenue in the fourth quarter, falling shy of Wall Streetâs expectations.
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Shares of Google Inc. will make their Nasdaq stock market debut on Thursday, with some market participants expecting a steady start or slight rise after the company&#39;s initial public offering priced far below original estimates.
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Investor's Business Daily - The Internet's 800-pound gorilla, Google, slipped on economic and social-networking banana peels, reporting fourth-quarter results that missed analyst views.
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Google Inc  on Thursday  reported a disappointing quarterly profit and aggressive  spending plans to support a widening range of Web services,  unnerving investors who sent its shares down 8 percent.
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The search giantâs shares declined sharply in after-hours trading despite its 58 percent increase in quarterly revenues.
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A surprise jump in hiring and  operating expenses shook investor confidence in Google Inc.   for the second time in its three years as a public  company, sending its shares down 6 percent on Friday.