What a strange day in business.
Google reported disappointing earnings, and so did Microsoft. NASDAQ dropped a bit, but the Dow was pushed higher because Citigroup’s news wasn’t quite as bad as the other two.
Technology stocks fell on Friday and drove the Nasdaq down 1 percent on disappointing earnings from Google (GOOG.O) and Microsoft(MSFT.O), while Citigroup’s smaller-than-expected loss pushed up the Dow and helped keep the broader market near the unchanged mark.
Is the cause of our economic downturn Google’s fault? I know, crazy concept, but look at the facts.
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Slobokan.
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E-Mail sent to any kooksinsuits.com address, or the feedback address listed at the top of the page, may be considered for publication unless the recipient is expressly notified otherwise.
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