Stories by Marc Ferranti

Wall Street Beat: Vendors stress caution on financials

A range of tech vendors including Cisco Systems, Silicon Graphics International, BMC Software and CA Technologies this week reported quarterly earnings that had some solid numbers, but a cautious outlook for the rest of the year is spooking market watchers.

Written by Marc Ferranti12 May 12 02:15

Cisco hits record quarterly revenue

Crediting a strategy that exploits users' move to Cloud computing, Cisco Systems has reported record net sales of $US11.6 billion for the quarter ending April 28, up 6.6 per cent from the year-earlier period.

Written by Marc Ferranti10 May 12 07:04

Facebook begins organ donor initiative

Facebook on Tuesday announced an initiative to inspire members of the social network to post their organ donor status, offering a new Health and Wellness section.

Written by Marc Ferranti01 May 12 22:39

Wall Street Beat: Tech earnings provide some bright spots

With Apple leading the revenue charge midweek and Amazon providing a kick to trading in tech shares Friday morning, bright spots appeared in what has otherwise been a mixed earnings season.

Written by Marc Ferranti28 April 12 02:16

Apple revenue, profit jump as iPhone sales beat expectations

Despite concerns about increasing competition from Android devices, Apple managed to exceed expectations for iPhone sales for its second fiscal quarter, on Tuesday reporting a healthy year-over-year jump in both revenue and profit.

Written by Marc Ferranti25 April 12 07:07

Wall Street Beat: Mixed tech earnings earn tepid reaction

Some of the biggest names in IT reported mixed results this week for the first quarter, leading to a dip in tech stocks Friday even as some major indexes showed gains for other sectors.

Written by Marc Ferranti21 April 12 07:00

Wall Street Beat: Tech ends best quarter in markets since dot-com bust

Thanks to optimism about the U.S. economy and some good signs from tech vendor financial reports, IT companies Friday ended their best quarter on the markets since the end of 2000, when the dot-com bubble burst and shares plunged.

Written by Marc Ferranti31 March 12 08:18

Wall Street Beat: Tech bellwethers offer view into IT trends

Hewlett-Packard, Oracle and Apple sparked some of the biggest corporate financial news of the week, highlighting sector trends as IT edges toward what could be its best first quarter on the markets since the dot-com bust in 2000, despite some turbulence during the past few days.

Written by Marc Ferranti24 March 12 06:34

Wall Street Beat: Tech rides market optimism

So far this year, the technology sector is off to its best start in the stock market since 2000, right before the dot-com bubble burst, and even though analysts have been forecasting just modest growth in IT spending, there appear to be reasons for continued optimism.

Written by Marc Ferranti10 March 12 05:04

Wall Street Beat: Yelp IPO another sign of hot tech market

Earnings season has essentially ended, but Yelp's initial public offering Friday, Apple's record high share price and a strong market for IT stocks are giving tech investors plenty to get excited about.

Written by Marc Ferranti03 March 12 03:57
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