ETF Trends
04-17-2008, 05:40 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/17/google_logo.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/17/google_logo.jpg)What was with all the hand-wringing (http://www.etftrends.com/2008/04/google-earnings.html)? Google's numbers finally came out after the market close, they were good and technology exchange traded funds (ETFs) liked it.
Google (GOOG (http://finance.yahoo.com/q?s=goog)) put the kibosh on rumors that its advertising business was slowing and reported that its first-quarter net income rose to $1.31 billion, reports Reuters (http://biz.yahoo.com/rb/080417/google_results.html). Revenue grew 42%, higher than the projected 40%.
iShares Dow Jones U.S. Technology (IYW (http://finance.yahoo.com/q?s=iyw)) has 5.4% given to Google, and Technology Select Sector SPDR (XLK (http://finance.yahoo.com/q?s=xlk)) holds 5% of the company. They're up slightly in after-hours trading, but how will it be tomorrow?
http://www.etftrends.com/images/2008/04/17/z_12.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/17/z_11.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/272464772/google-gives-ea.html)
http://www.etftrends.com/images/2008/04/17/google_logo.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/17/google_logo.jpg)What was with all the hand-wringing (http://www.etftrends.com/2008/04/google-earnings.html)? Google's numbers finally came out after the market close, they were good and technology exchange traded funds (ETFs) liked it.
Google (GOOG (http://finance.yahoo.com/q?s=goog)) put the kibosh on rumors that its advertising business was slowing and reported that its first-quarter net income rose to $1.31 billion, reports Reuters (http://biz.yahoo.com/rb/080417/google_results.html). Revenue grew 42%, higher than the projected 40%.
iShares Dow Jones U.S. Technology (IYW (http://finance.yahoo.com/q?s=iyw)) has 5.4% given to Google, and Technology Select Sector SPDR (XLK (http://finance.yahoo.com/q?s=xlk)) holds 5% of the company. They're up slightly in after-hours trading, but how will it be tomorrow?
http://www.etftrends.com/images/2008/04/17/z_12.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/17/z_11.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/272464772/google-gives-ea.html)