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Qihoo 360 (NYSE:QIHU)’s CEO Expects New Product Boost Results – QIHU, YOKU, NFLX, BIDU, SINA

Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU) surged on Wednesday as it recently announced third-quarter profit soared 18 percent as the Chinese Internet firm declared an increasing user base and a jump in revenue. The firm’s American depositary shares increased 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increase […]

Tech Sector Plunges But Facebook (NASDAQ:FB) Jumps on Green Line – FB, LNKD, AOL, TRIP, YOKU

Shares of Facebook Inc (NASDAQ:FB) reported quick gains on Wednesday, other than the tech sector joined a broad market bullish momentum by new worries related to the U.S. ‘fiscal cliff.’ Facebook shares rose more than 12% to close at $22.36, bucking anticipations of a selloff as over 800 million shares held by insiders turn into […]