This week the only real mover seems to be Google.
Company | Listing | Share Price ($US) | 7-day change |
AMD | AMD | 32.80 | 1.26 | Apple | AAPL | 68.15 | 2.5 |
ATI Technologies | ATYT | 16.25 | -0.26 |
Dell | DELL | 26.22 | -2.37 |
GOOG | 425.97 | 15.47 | |
IBM | IBM | 83.35 | 1.49 |
Intel | INTC | 19.49 | -0.06 |
Microsoft | MSFT | 27.10 | 0.05 |
NVIDIA | NVDA | 28.71 | -0.45 |
There's a little more green than last week, but no serious movement, with Google being the only possible exception.
AMD continue to make some ground on Intel, which is reflected in their shares, nudging them up slightly. Not much happening at Apple or ATI, although there is news today that ATI is to invest $50mil into an R&D facility in India.
On Thursday Citigroup downgraded Dell's stock to sell which resulted in a drop on Friday, without much movement thereafter, so Dell shares sit a couple of dollars down compared to last week.
Skimming over the remaining shares and looking at Google for a moment, then, what's going on there? Half of the web's search advertising revenue, that's what. Google's ad business is doing well, pushing up their Q1 earnings beyond estimates, leading to shares hitting nearly $450 at opening on Friday. Just where will it stop for Google?
So, not a lot happening this week, although clearly Google continues to perform well.