Google: Search Under Siege
- kileyay
- July 16th, 2009
While Goldman remains the alchemist of finance, it’s tough nowadays for the King Midas of search to make gold from broke clients. With unemployment up and consumer spending down, advertising is off a cliff. Google’s search empire is under siege.
Google ($GOOG) will announce 2Q earnings after the close. Analysts predict revenues of $4.06 billion and earnings per share of $5.08. The numbers still impress, but Google’s growth has slowed from sprint to jog.
You know times are changing when you can find out more about Google’s quarterly earnings on the StockTwits stream than you can on Google. Options guru Steve Place (@stevenplace) has some ideas for us to reap gold for ourselves.
The tape-side analysts of the StockTwits community are all over the trade:
Continue to watch the Google feed on StockTwits for real-time analysis as the action happens.
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