Stocks, Internet | featured news

Google recently announced its Q2 2011 earnings on July 14, 2011. [1] For the quarter, total advertising revenues surged by about 33% over Q2 2010 values driven by increased paid clicks as well as higher cost-per-click rates over the same quarter last year.

LinkedIn’s stock opened at $83 after its IPO was priced at $45 and reached an intra-day high of around $123 on the first day. And then a month of carnage started which saw the stock plummeting by 51% from its all-time high. Even though the stock has impressively recovered, climbing almost 75% from its June 20 lows of $60, we remain fundamentally bearish on LinkedIn.

Morgan Stanley analysts downgraded Google Inc shares to "equal-weight" from "overweight" on Friday, citing an expected decline in margins in this year and the next.

Buyer's remorse already may be setting in for some investors in Internet radio station Pandora Media....

Monahan contends the stock has over-reacted to the impact of recent changes in Google’s search algorithm that were designed to reduce the prominence of lower quality content sites in search results. The analyst contends the move likely will have a single-digit impact to the company’s earnings, but has resulted in a 40% drop in the stock price since mid-April, leaving the stock 20% below its IPO price. He contends the recent price of the shares “reflects future negative changes that are unlikely to materialize.”

Jim Cramer got really angry on CNBC yesterday. The LinkedIn (LNKD) IPO got him in a tizzy. Why? Because he said that the underwriters for the offering (Morgan Stanley (MS), B of A Merrill (BAC), and JP Morgan Chase (JPM)) decided to play the old “dot com” games of only releasing an artificially small amount of shares on the market, in hopes of creating a feeding frenzy.

Professional networking site LinkedIn raised its price range for its IPO this week by 30%, valuing the company at $4 billion, a strong indication that demand is running high for the new stock.

The online travel website has seen better quarters, with higher taxes, increased spending on technology and content, and a push and pull between airlines and global distribution systems that took a toll in the last quarter of 2010. The stock was down more than 18% Friday at $21.06.

Shares in eBay jump almost 8% after the online auction site's Paypal unit said its revenues would double by 2013.

A strong holiday shopping season will help Google Inc beat Wall Street's quarterly targets again, but investors may need more convincing to buy into the Internet giant's longer-term future.