Archive for July, 2009

That’s why they call him the Oracle of Omaha…

 Submitted by WC Power Tech Fund
Recommended Reading (Link): Interesting take from Bloomberg today on Berkshire Hathaway and its iconic Investment Mind Warren Buffett.
In short, in the midst of the financial crisis the “Oracle of Omaha” pledged support for Goldman Sachs in the form of a $5Billion investment of preferred shares and warrants to purchase $5Billion [...]

Apple earnings on tap after Tuesday’s close. [Update]

Submitted by WC Power Tech Fund
Update: Apple’s reported earnings included.
What can Apple Investors and traders expect after the bell today as one of tech’s giants reports its June quarter? Well if one thing is certain with Apple, each line of business will be speculated on ad nauseum starting at about 4:30PM Eastern Time.
Likely much of [...]

Goldman, Johnson earnings upsides lead choppy day in the markets

Submitted by WC Power Tech Fund
Goldman Sachs (GS) was the center of the banking world over the last 2 days as an upgrade of the company by its lonesome propelled the entire financial sector higher to start the week. Today the numbers came and they were impressive.
Goldman, still as black-of-a-financial-box as there is on Wall [...]

Google’s Vision of Life to be Subsidized by Advertisers

Submitted by WC Power Tech Fund
The techno-worlds of open-source and standards-compliance are united in celebration on the heels of Google’s (GOOG) announcement of a new and upcoming platform called Chrome OS. A new giant has awaken to try and breach the Windows stranglehold of the modern world. Free and widely available Linux couldn’t do it, [...]

EMC ups the ante on Data Domain in Technology Bidding War

Submitted by WC Power Tech Fund
EMC Corporation (EMC), not exactly a household technology name, but one that business knows all too well as the company is involved in various lines of business supporting technology infrastructure and storage all around the world. The company has turned itself into a healthy income generator providing solutions for businesses [...]

Morning trade halts stock rally

Submitted by WC Power Tech Fund
100 points off for the Dow before lunch as markets in North America prepare for National Holidays. Canadian Markets close tomorrow for Canada Day while Americans prepare for the 4th of July weekend leaving markets in trading flux for the week. Today’s decline was pushed in part by a lower [...]