Yahoo Inc! (Nasdaq: YHOO) stock got a boost in after-market trading following an earnings report that beat analyst estimates.
This earnings season will be awash in fascinating storylines from corporate America, and the technology earnings season will no doubt weave the most interesting of narratives.
That's because tech has been on a roll for the third quarter.
Yahoo! Inc. (Nasdaq: YHOO) reported second quarter 2014 earnings results after closing bell today (Tuesday). Despite a miss, Yahoo stock surged more than 2.25% after hours.
Yesterday, Yahoo Inc. (Nasdaq: YHOO) acquired Blink, a mobile-messaging app that allows users to send texts, pictures, and videos that self-destruct after an allotted period of time.
The acquisition fits into Yahoo's trend of buying small mobile companies in hopes of further strengthening its share of the mobile market.
Yahoo! Inc. (Nasdaq: YHOO) shareholders and prospective Alibaba investors were eagerly awaiting the Yahoo earnings report yesterday as it provides a glimpse into Alibaba's financial numbers.
The report didn't disappoint, as Alibaba saw its profits more than double in the fourth quarter of 2013.
Yahoo Inc. (Nasdaq: YHOO) beat Wall Street predictions after the bell on Tuesday by $0.01, with earnings per share (EPS) of $0.38. Despite the beat, the digital media giant's revenue remained stagnant, and its operating income dropped 84% compared to the same quarter a year earlier.
The honeymoon may be over for Yahoo! CEO Marissa Mayer. While her streak of beating earnings estimates remained intact, investors focused on problems with the company's core business and promptly punished the stock. Yet Mayer promised that one strategy she has focused on in the past year