Everything is almost back to fall 2007... banks getting crushed, but the rest of the market ignoring it as it races to new highs. :) All we need is some food riots in smaller Asian countries and we're in a Memorex moment. Oh memories.... Google (GOOG) is even back to its old ways, up 7% in after hours on an earnings report that pleased.
- The online search and advertising giant said it earned $7.64 a share excluding one-time items in the third quarter, against $5.89 a share last year. Net revenue excluding traffic-acquisition costs for the most recent period rose to $5.5 billion, from $4.385 billion a year ago.
- Equity analysts who follow Google expected the company to turn in a profit of $6.69 a share on sales of $5.27 billion
Here is a "gap fill" in the opposite direction (upside) - see April 2010