technology stocks

Google's New Corporate Philosophy: "You Can Lose Money Without Doing Evil"

John Paczkowski in News on October 7, 2008 at 1:59 pm PT

Looks like Google’s share price is finally getting that “good old-fashioned correction” that’s been predicted for so long. Another day of widespread losses for technology stocks dragged the company’s once high-flying share price below $350 for the first time in two-and-a-half years. Google shares hit a low of $345.37 Tuesday.

Google’s New Corporate Philosophy: “You Can Lose Money Without Doing Evil”

John Paczkowski in News on October 7, 2008 at 1:59 pm PT

Looks like Google’s share price is finally getting that “good old-fashioned correction” that’s been predicted for so long. Another day of widespread losses for technology stocks dragged the company’s once high-flying share price below $350 for the first time in two-and-a-half years. Google shares hit a low of $345.37 Tuesday.

Econalypse Now

John Paczkowski in News on October 6, 2008 at 9:03 am PT

The government’s $700 bailout of Wall Street, signed into law Friday after weeks of contentious debate, clearly isn’t the panacea for which tech investors, and investors in general, had hoped. Technology stocks stumbled at the opening bell Monday and then fell flat on their faces as investors succumbed once again to the market malaise.