LinkedIn Corp., the biggest online professional-networking service, fell the most in almost two years after forecasting sales that trailed analysts’ estimates, raising concern that mobile advertising will be slow to kick in.
LinkedIn Corp., the biggest online professional-networking service, forecast second-quarter sales that trailed analysts’ estimates, raising concern that efforts to boost mobile advertising will be slow to kick in.
July 26 (Bloomberg) -- Aaron Kessler, an analyst at Raymond James & Associates, Paul Kedrosky, author of the Infectious Greed blog and a Bloomberg contributing editor, Gene Munster, a technology analyst at Piper Jaffray Cos., and Michael Scissons, chief executive officer of Syncapse Corp., talk about Facebook Inc.'s second-quarter results reported today and strategy for growth. Facebook reported its first results since selling shares to the public. (Source: Bloomberg)
Amazon.com Inc ., the largest online retailer, fell 7.2 percent in New York trading after forecasting first-quarter profit that may be lower than analysts predict as it steps up spending on warehouses and data centers.
Amazon.com Inc ., the world’s largest online retailer, said first-quarter profit may be lower than analysts predicted as it steps up spending on warehouses for products and data centers to support its Web Services unit.