Google that!!

After a week of selling pressure in the markets, finally some good news from tech titan Google (NasdaqGS: GOOG). Google’s shares are surging 10% in the after hours session after reporting a blow-out quarter, earning¬†$8.74 per share. That is almost a $1.00 per share above what analysts were expecting. Hopefully this can be a catalyst to help the tech sector and the overall markets which has sold off sharply over the past several days.

Next week other tech titans such as IBM, Apple and Intel are set to report, so let’ s see if these bellwethers can demonstrate the strength in earnings power as Google just did.

Have a good evening.

~George