Devang Gandhi

Check out the wikipedia Subprime crisis impact timeline. The year 2008 looks quite bad.

The biggest news on the Wall street after trading hours was Google missing its estimates. Google reported its Q4 earnings numbers today in the afterhours that did not meet what Wall street was expecting. It’s profits for the quarter were $4.43 per share, narrowly missing the estimates of $4.44 a share. The stock plunged about 8%. Well, that the price you pay when you are google and you miss the estimates by $0.01