9:25am (EST) Futures are pointing towards a higher open this morning after stellar earnings results from two Internet giants. This just in…Microsoft (MSFT, $26.59) reported earnings of $0.40 a share, 8 cents better than Wall Street’s estimate of $0.32 a share. Revenue for the quarter was $12.9 billion, which compares to estimates of $12.3Read more
Amazon.com, Microsoft Show Early Gains
Market Mixed After Jobless Claims Data
1:00pm (EST) The Dow is struggling to hold the 10,000 level but the bulls have been trying. Futures were pointing towards a strong open this morning BEFORE the Initial Jobless Claims report came out at 8:30am (EST). Once the news was released futures slipped after the report showed a rise for the week asRead more
Futures Slightly Higher
9:15am (EST) The big news after the bell yesterday was eBay’s (EBAY, $25.03) disappointing outlook for the holiday season. The company reported 3Q earnings and offered an outlook for 4Q at the same time. On the earnings front, eBay beat by a penny and posted better-than-expected revenue. The problem wasRead more