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technology investing
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Are today’s Yahoo! results really that dissapointing?
Two key elements disappointed analysts; search revenue, banner and video advertising lower than expected and next quarter projections about 8% lower than analysts were looking for, and yet, only moderate pre-market selling and already Yahoo! shares up on the day at $23.98. And it was a progressive quarter in other ways, as Yahoo! announced acquisitions like, Snip.it, Alike, and Jybe - it was also the quarter where they announced the well publicised but somewhat mysterious acquisition of Summly.