What We’re Reading

by CC May 11, 2011 9:37 am • Commentary
  • China’s inflation eased in April to 5.3 percent, lessening the need for tighter monetary policy. (CNBC)
  • Goldman’s options specialists Katherine Fogertey and John Marshall tell you how to trade AAPL into their Developers’ Conference (Business Insider)
  • Today is a big day for Microsoft, and Skype, as well as consumers and businesses around the world. By bringing together the best of Microsoft, and the best of Skype, we will empower people around the world with new technologies that should bring them closer together. – Steve Ballmer (Seeking Alpha)
  • Intel Corp. (INTC), the world’s largest chipmaker, raised its dividend for the second time in six months as increasing corporate spending on technology boosts its earnings. (Bloomberg)
  • With the $500 million expense, Google’s net income declined 8 percent in the first quarter from the year-earlier period. Before the change, net income had climbed 18 percent. (Bloomberg)


Bonus Fun:

It’s just past noon on a Friday and I’m on the fourth floor of a skyscraper in lower Manhattan watching numbers rise and fall. The place is teeming with them–numbers by the screenful, screens everywhere you look — but I’ve been told to pay attention to just one in particular, and what’s really important is that I’m supposed to say something if it goes above 1,238. I’m not yet sure why. (The Atlantic)